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(Reuters) -Vistry, Britain's largest homebuilder by output, said on Wednesday market conditions remain uncertain this year as the housing sector grapples with affordability and broader economic woes, while maintaining its 2024 earnings forecast. The FTSE 250 builder, which generates most of its sales through partnerships with local authorities, housing associations and government providers, said the outcome of a government spending review and the transition to a new affordable programme would be crucial in driving the market. The pace of recovery in the British housing sector is under scrutiny as a slower-than-expected reduction in interest rates hampers affordability, while tax hikes, an impending rise in labour costs and fears the UK government could reduce spending have dampened the economic outlook.
Putin’s air force pounded critical infrastructure facilities close to the Polish border