Britain’s biggest housebuilder has built its largest number of homes in a decade, helping it to finish the year with record profits of more than £800m.
Barratt Developments said that it had completed 17,579 homes in the year to June, 1.1% more than last year. This was the highest level since 2008, on the eve of the housing crash, when the FTSE 100 company completed 18,500 homes.
Its pre-tax profits rose by 9.2% to £835.5m on the back of £4.8bn in turnover, up 4.8% from a year earlier.
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