Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Homebuilder Vistry boosts output target as cost inflation softens July 9, 2024 Vistry announces strong first-half results
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
Banks, homebuilders and retailers in focus as London markets brace for Labour election victory June 30, 2024 The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.
Taylor Wimpey and Rightmove set to benefit from Labour housebuilding plans June 26, 2024 Firms including Taylor Wimpey and Rightmove are poised to benefit if Labour wins the general election on 4 July, according to a leading broker, as both main parties put homebuilding at the centre of their plans to tackle the UK's housing crisis.
FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant June 6, 2024 The FTSE 100 index has lost some well-known names but gained one unexpected addition.
US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord June 4, 2024 Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.
Springfield: London-listed affordable homes builder inks new £6.3m contract May 30, 2024 One of Scotland's biggest house builders, Springfield Properties, has won a £6.3m contract to construct more affordable housing in the country.
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Ocado set to fall out of FTSE 100 after shares crash May 29, 2024 Investors appeared to delete Ocado from their shopping baskets on Wednesday, after reports the business behind the posh online grocery store could be relegated from the FTSE 100 led to a fall in its share price.