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PROPERTY
Developer Berkeley in profits fall
PROPERTY developer and regeneration firm Berkeley said annual profits fell 38% after the company faced its toughest conditions in recent memory.
The profits haul of £120.4m for the year to April 30 came after it sold 1,500 homes at an average price of £395,000.
RETAIL
Department store sees turnaround
DEPARTMENT store chain John Lewis has said sales to last Saturday rose 2.2%. The retailer said sales were up on five of the seven days.
MOTOR
Car dealership expects bumpy roads
NOTTINGHAM-based car dealership Pendragon has said the UK market will be “challenging” for the rest of the year although trading has been in line with expectations.
The firm said it was seeing a gradual return to “more normal” used car markets.
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