Branch² Intelligence
Taxes are hitting us harder than war in Middle East, says housebuilder MJ Gleeson
Key takeaway
MJ Gleeson warns of uncertainty from geopolitical events and new UK government policy, hitting housing demand.
- Step 1MJ Gleeson warns of uncertainty from geopolitical events and new UK government policy, reducing buyer confidence.
- Step 2Lower buyer confidence and higher taxes defer home purchases, reducing Gleeson's sales volumes and revenue.
- Step 3Reduced construction activity flows through supply chain, lowering demand for materials and subcontractor services.
Source: This Is Money
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