{
  "id": 9532096,
  "title": "Housebuilder Vistry slashes profit forecasts as losses balloon",
  "url": "https://urgent.news/2026/09/24/housebuilder-vistry-slashes-profit-forecasts-as-losses-balloon",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T09:00:52.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/business/2026/sep/24/housebuilder-vistry-slashes-profit-forecasts-as-losses-balloon"
  },
  "original_language": "en",
  "account": null,
  "summary": "Firm unveils further cost-cutting plan including job losses, blaming poor summer sales of private homes Business live – latest updates Vistry Group, one of Britain’s biggest housebuilders, has cut its annual profit expectations after half-year losses ballooned as it grappled with a £600m pile of unsold homes. Adam Daniel, the new chief executive of the Bovis Homes and Countryside owner, insisted…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "City AM",
        "title": "Vistry takes £500m hit as new boss downsizes housebuilder",
        "url": "https://urgent.news/2026/09/24/vistry-takes-500m-hit-as-new-boss-downsizes-housebuilder",
        "published": "2026-09-24T06:48:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}