Housebuilding stocks slump as Bellway issues Iran mortgage warning Property Shares in Bellway slumped eight per cent after it warned the Iran war is causing mortgage “volatility,” as a host of leading housebuilders were dragged down with it. FTSE 100 housebuilders Barratt Redrow, Berkeley and Persimmon were all down at least one per cent on Tuesday’s early trading, with the latter taking a two per [...]
Iran war ‘heavily’ affecting property confidence, developer says Property Property developer Berkeley Group has said the Iran war is “weighing heavily” on market confidence and could push up inflation. The FTSE 100 firm told shareholders on Friday: “The emerging situation in the Middle East is weighing heavily on risk sentiment and we await to see the impact of this on the market.” “While reaffirming [...]
Left-wing comedians blocking new homes? It’s beyond a joke Opinion Nish Kumar and James Acaster have joined a local campaign to halt the redevelopment of the Aylesham Centre in Peckham, writes Simon Clarke It takes a special kind of irony for comedians who built their careers skewering middle-class hypocrisy to end up embodying it. Yet champagne socialists Nish Kumar and James Acaster, two of Britain’s [...]