Peter Truscott’s comments came as the FTSE 250 company revealed that sales tumbled 22% in the first half of the year as challenging market conditions hit.
Mortgage rates have surged again in recent weeks following worse than expected inflation data for April that convinced the markets that interest rates will have to rise further from the current level of 4.5%.
This story is from the June 08, 2023 edition of Evening Standard.
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This story is from the June 08, 2023 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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