Building firms hit brick wall as cost of materials keeps on rising
Building projects could be about to shoot up in price, as figures out today show more than seven in 10 UK builders have seen an increase in the cost of materials. Thousands of smaller building firms...
View ArticleBarratt Developments reports sales struggles in London
Barratt Developments is feeling the heat in London as it reported today that completions in the capital were down more than 56 per cent. The housebuilder completed on 367 homes in London in the six...
View ArticleFour arrests were made as part of Barratt Developments bribery probe
Four arrests were made last year in connection with bribery allegations involving housebuilder Barratt Developments, the police have revealed. In October last year, the London boss of Barratt, Alastair...
View ArticleBarratt hikes divi as profits edge higher
It's been a decent six months for housebuilder Barratt, which today announced it was hiking its divi after profits edged up in the final half of last year – despite a fall in revenues. The figures...
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Barratt's just sold 172 luxury London new-build flats as rental homes
Here's an unusual move by a housebuilder: Barratt Homes has bundled together 172 flats at various developments across London and sold them off as rental homes. The housebuilder said it had sold the...
View ArticleTesco boss and CBI president John Allan calls for ‘orderly’ Brexit
The chairman of Tesco and Barratt Developments, John Allan, has hit out at the government and called for an “orderly” Brexit that is best for business. In an interview with the Daily Telegraph, Allan...
View ArticleShare prices in FTSE housebuilders drop amid plan to tax foreign buyers
More than half a billion pounds was wiped off the value of some of the UK’s largest housebuilders today, as the City digested news of Theresa May’s planned property tax on foreign buyers. Shares in...
View ArticleBarratt chair's re-election in the limelight at tomorrow's AGM
Housebuilding giant Barratt Developments could suffer a revolt at its annual general meeting tomorrow, after an influential shareholder advisory group recommended investors vote against the re-election...
View ArticleHousebuilding giant Barratt remains confident on back of 'strong'...
Housebuilder Barratt Developments looked to paint a positive picture in its trading update this morning, as it announced a rise in forward sales and remained confident of the year ahead. Total forward...
View ArticleNumber of new homes in England rises but growth takes a hit
The number of new homes completed in England in the last year reached its highest level in a decade, but growth has plummeted as Brexit uncertainties take hold. Just over 222,000 more homes were added...
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