Abbey sees signs of slowdown in UK economy

Abbey sees signs of slowdown in UK economy
Abbey has bought land for 46 houses in Navan, Co Meath

The housebuilder also warned against "further unwise intervention" in the Irish housing market

Housebuilding group Abbey has reported a modest 3.3 per cent rise in full-year pre-tax profit to €63.5 million for the year ended April 30 from €61.5 million a year earlier although it said its operating profit was unchanged at €60.8 million.

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