‘Robust’ demand delivers record profits for Redrow

Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.

Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.

The major housebuilder has bought just three sites in the last three years, as economic and political challenges thwart activity.