HOUSEBUILDER Persimmon will be looked to for more signs of resilient trading, after it underlined its "excellent prospects" earlier this year by setting aside £1.9 billion to return to shareholders over the next decade.

The group, which will provide a trading update tomorrow, has ridden out the weak housing market by focusing on building homes in affluent areas and more recently has benefited from a resurgence in the first-time buyer market.

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