This special one-off episode explores the troubling developments in the UK house building industry, with a focus on the significant financial difficulties faced by Vistry, once on track to become the largest home builder in the UK.
We delve into the causes behind Vistry's decline, including poor management decisions, forecasting mistakes, and aggressive cost-cutting measures. It also discusses the broader implications for the UK housing market, touching on issues such as high interest rates, the economic impact of Brexit, and the collapse of other firms like ISG.
The conversation emphasises the need for sustainable growth, transparency, and accountability within the industry, while highlighting the interconnected nature of these challenges and the potential long-term consequences for quality, affordability, and the overall health of the housing market.