Barratt Developments : scraps interim dividend, suspends financial outlook

Barratt Developments on Wednesday decided to scrap its interim dividend and suspend financial guidance as it assesses the impact of the coronavirus pandemic.

Britain's biggest housebuilder said it expects a significant impact on construction output and reservations due to an increase in cancellations and a decline in site visits.

(Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur)