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Housing Today
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Berkeley warns building safety regulation putting ‘significant pressure’ on housebuilding
Housebuilder still expects to deliver nearly £1bn profit over next two years
Berkeley Group has warned building safety regulations are putting pressure on housebuilding ahead of the introduction of a levy on developers later this year.
The developer, in a short trading update today, said it is still expecting to generate nearly £1bn in pre-tax profit this year and next, reiterating its £525m forecast for 2025 and £450m in 2026
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