Brexit hits McCarthy & Stone’s revenues

A slowdown in the property market after the EU Referendum in June led to McCarthy & Stone’s revenues dropping by 5% to £238.2m in the six months ended 28 February 2017, compared to £250.2m in the same period in 2016. The retirement village provider’s operating profit fell 23% from £30.1m to £23.1m and pre-tax profits…

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