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Housebuilder Persimmon’s profits top £1bn

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Housebuilder Persimmon has recorded pre-tax profits of £1.091bn – up from £970m last year.

It has also confirmed that acting chief executive Dave Jenkinson has been appointed to the role full-time.

His predecessor, Jeff Fairburn, left the company last year following a row over his £75m bonus package.

On Monday, shares in the company fell after its continued participation in the Help to Buy scheme came under scrutiny.

A source close to housing minister James Brokenshire said he was “concerned” by the company’s practices.

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