Persimmon

Housebuilder Persimmon has announced the departure of its chief executive Jeff Fairburn amid the long-running controversy over his £75 million bonus package. The company said today that Mr Fairburn will step down on December 31 adding that the decision was "by mutual agreement and at the reque

Planning applications for 68 homes at Dunbar and works at three Ash Lagoons at Levenhall Links have been given the green light by East Lothian Council. Councillors on the local authority’s planning committee heard that the site south of Dunbar’s Brodie Road had previously been earmarked for a ho

Housebuilder Persimmon has reported a 13% increase in first half profits as it takes full advantage of the government’s Help to Buy scheme. Bucking the wider trend of a slowing UK housing market, the firm unveiled pre-tax profits of £516 million for the six months to 30 June, up from £457m.

One of Britain's largest housebuilders Persimmon has reported robust trading since the start of the year with total forward sales revenue, including completions, up by about 8% to £2.76 billion in 2018 to date. In a trading update ahead of today’s annual general meeting, the FTSE 100-listed compa

The directors of national housebuilders Persimmon have announced that the firm has recently concluded a one year extension of the maturity of its £300 million Revolving Credit Facility (“RCF”), out to 31 March 2023, with strong support from the company’s five relationship banks.

Jeff Fairburn Three executives at Persimmon were paid bonuses in excess of £100 million last year, the housebuilder has confirmed.

Roger Devlin Roger Devlin has been announced as the new chairman at Persimmon where he will replace Nicholas Wrigley who resigned amid concerns over excessive executive pay at the housebuilder.

Jeff Fairburn Persimmon has revealed annual profits soared by a quarter last year and the housebuilding giant mains “encouraged” by the start to 2018 despite Brexit uncertainties.

Jeff Fairburn Persimmon chief executive Jeff Fairburn has decided to give a “substantial” amount of his £110 million bonus away through a charitable trust after he said that he never wanted to receive the money.

Stirling Council has refused two applications from Persimmon Homes to develop land to the east of Plean around Cushenquarter Farm. Persimmon Homes was seeking permission to build 500 residential units, an access off the A9 Main Street and the erection of a primary school. Its application sought plan

Housebuilder Persimmon has said that profits for the full year will come in marginally ahead of expectations as revenues for 2017 were 9% up in 2016 at £3.42 billion. The group said legal completions rose 6% in the year to December and average sale price up 3% at £213,300.

Nicholas Wrigley Nicholas Wrigley has announced his intention to resign as chairman of Persimmon following concerns over excessive executive pay at the housebuilder.

Critics of the Scottish Help to Buy scheme have called for the policy to be scrapped after an investigation revealed just three high volume housebuilders have received around £189 million in subsidised mortgages between them. Freedom of information (FOI) data obtained by investigatory journalism pl

An aerial view of Lomondgate A project launched 10 years ago to regenerate the former J+B whisky bottling plant at Dumbarton has created 718 full-time equivalent (FTE) jobs and £365 million for the region’s economy, according to a new independent economic impact assessment.

Jeff Fairburn Profits at Persimmon have increased by 30% as the hosuebuilder continues to reap the rewards of its long term strategy.