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UK's Barratt Developments scraps interim dividend, suspends financial outlook

(Reuters) - Barratt Developments <BDEV.L> on Wednesday decided to scrap its interim dividend and suspend financial guidance as it assesses the impact of the coronavirus pandemic.

Britain's biggest housebuilder said it expects a significant impact on construction output and reservations due to an increase in cancellations and a decline in site visits.

(Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur)