Builder sparks controversy with massive gains from taxpayer-funded programme
Housebuilder Persimmon made more than £1bn profit last year thanks largely to the taxpayer-funded help-to-buy scheme, through which almost half of its homes were sold.
The company, which sparked widespread public and political anger for attempting to pay its former chief executive Jeff Fairburn a £110m bonus, on Tuesday reported a 13% increase in pre-tax profits to £1.09bn.
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