Berkeley forecasts improved cash position in trading update

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Housebuilder sticks to long-term profit guidance

Berkeley expects its net cash position at the end of this financial year to improve on its half-year position of £422m. 

In a trading update for the period from 1 November 2023 to 29 February 2024 the housebuilder said its sales rates had been consistent with the first half of its financial year. 

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