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UK Market Close - Barratt Redrow sells more homes despite ‘challenging’ market
The UK’s biggest housebuilder called on the Government to support first-time buyers as it updated investors on its recent trading.
Average house price set to hit £440,000 by 2030 as Reeves weighs up mansion tax
The average price of a home in the UK is set to hit £440,000 by 2030, new data has shown. According to estate agents Savills, the price of houses will grow slowly for the next two years before ...
LONDON MARKET CLOSE: Stocks struggle despite manufacturing improvement
On London's FTSE 100, Vodafone fell 5.2% as UBS downgraded to 'sell' from 'neutral', highlighting risks to consensus forecasts from competitive threats in Germany and Spain. Convatec dropped 2.2% ...
LONDON MARKET CLOSE: Stocks down as UK interest rate call approaches
Meanwhile in the UK, softer inflation data means the Bank of England's interest rate call on Thursday next week is more finely balanced than previously thought. A hold is broadly expected, but the ...
Pirelli factories to temporarily halt production
A tyre manufacturer is temporarily halting production at its two UK factories, blaming "market conditions" for the move. Pirelli confirmed it was pausing activity at its plant in Burton-on-Trent, ...