EconomyUK’s largest brickmaker hit by sales slump as housebuilding downturn deepens

Ibstock said third-quarter sales were 22% below expectations and cut production by a fifth. The company issued its second profit warning this year, now expecting full-year profits in the mid-£40m range, and criticized the government for delaying its Your First Home support scheme until next April.

IbstockUK housing marketbrickmakingprofit warning

TThe Guardian★★☆☆☆2026-11-02 11:30Original