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By Amber Murray Despite a significant drop in completions and profit, housebuilder Bellway has said it is well-positioned to deliver growth going forward and supports the Government’s plan to unlock housing construction. Bellway told markets this morning that profit fell by 44.6 per cent in the year ended 31 July, from £687.3m to £381.1m. Revenue, too, dropped by 30.1 per cent to £2.3bn, from £3.4bn in 2023. The housebuilder completed 7,654 homes during the financial year, down 30 per cent from 10,945 in 2023 and at an overall average selling price of £307,909, down from £310,306 in 2023. Its …

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