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Bovis Homes sent a shiver through Britain's housebuilders yesterday, reporting a slowdown in visitors and striking a cautious tone about its prospects following a string of interest rate increases.
Shares in Bovis Homes, Britain's fifth biggest housebuilder by market capitalisation, fell as much as 8.4 per cent to a 10-month low of 843.5p, dragging housebuilders down across the board against a firmer
broader market.