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Brexit uncertainty hits Telford Homes
Shares in Telford Homes have slumped 14% after it warned profits in the first half of the year would be lower than the second half of 2019.
The London-focused housebuilder blamed Brexit, saying customers were taking a "wait and see" approach to purchases over £600,000.
Telford added that overseas demand has been stymied by "recent Brexit commentary and talk of increased stamp duty".
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