Persimmon warns falling UK homebuyer confidence due to Middle East tensions and rising geopolitical risks.

Persimmon, a major UK housebuilder, has expressed concern over declining homebuyer confidence due to escalating tensions in the Middle East, particularly the ongoing conflict involving Iran. The company cited uncertainty surrounding global markets and energy prices as key factors deterring potential buyers, despite steady demand in certain regions. The warning highlights broader economic anxieties affecting the housing market.