Brickmaker’s woes deepen the UK housebuilding gloom

Ibstock has issued a thumping profits warning, with sales 22% below expectations in the third quarterWith John Healey’s Your First Home scheme on the way, is the mood improving in the housebuilding sector? A couple of the builders have results later this week, so can speak for themselves. In the meantime, though, here’s a thumping profits warning from Ibstock, the…