Help to buy has mostly helped housebuilders boost profits Read moreNicholas Wrigley, the company’s chair and a former banker, said he regretted not capping the company’s bonus scheme and was leaving “in recognition of this omission”. The Guardian understands Wrigley had put pressure on Fairburn to donate some of his bonus to charity, although Persimmon declined to comment. About half of Persimmon homes sold last year were to help-to-buy recipients, meaning government money helped finance the sales. John Hunter, the chair of the UK Shareholder Association, which represents small investors, said the bonus scheme was “completely ridiculous” and was based solely on the dividend payments. “Help to buy has been almost a licence to print money – our money.

Source: The Guardian December 15, 2017 09:30 UTC