Scottish housebuilder Miller Homes has reported stellar rises in profit and turnover in the first annual figures published since its takeover by US-private equity house Apollo at the start of the year.

The UK’s second biggest privately-owned housebuilder saw its performance in the 2021 calendar year more that make up for the impact of covid on the business in 2020, with revenue topping £1bn and pre-tax profit soaring by 142%.

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