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housebuilding

  • Keir Starmer: Planning regime ‘suffocating aspirations of working families’

    December 6, 2024

    Writing in the Times, Starmer said the planning system had become "increasingly ruinous" and was "suffocating the aspirations of working families".

  • Planning reforms have had ‘profound and hugely positive impact’, Berkeley says

    December 6, 2024

    FTSE 100 house builder Berkeley said it was on track to meet its profit targets in 2025 as it announced a new investment strategy to help capitalise on the government’s planning reforms. The government has committed to building 1.5m new homes over the course of the parliament. To meet its target, ministers are consulting on [...]

  • Slump in housebuilding casts doubt on government’s new homes pledge

    December 5, 2024

    Tim Moore, economics director at S&P Global Market Intelligence, said housebuilding was suffering from a "sustained downturn".

  • Will Labour’s planning bill actually get Britain building again?

    November 19, 2024

    The UK's planning system is in need of a radical overhaul. Will Labour's Planning and Infrastructure bill deliver? Sam Richards takes a look.

  • Vistry boss under fire as shareholder spat heats up

    November 18, 2024

    Vistry has tried to placate shareholders after scrutiny over the multiple roles its boss Greg Fitzgerald holds at the housebuilder and competing companies. Fitzgerald has served as executive chairman since May, meaning he’s head of both the board of directors and the company and for which he receives a salary of around £2.5m, according to [...]

  • Average price tag on a home falls as rate cuts spark demand revival

    November 18, 2024

    According to Rightmove, the standard price for a newly marketed home currently sits at £366,592, a 1.4 per cent month-on-month drop.

  • Housebuilding woes ahead of Budget weigh on construction activity

    November 6, 2024

    Having reached a 29-month high in September, S&P's construction purchasing managers' index (PMI) "slowed considerably" last month.

  • Vistry shares plunge after builder warns on profit

    October 8, 2024

    Vistry shares plunged around a third in early deals this morning after the company issued an unscheduled profit warning. The share price has since stabilised, but it remains down by just over 24 per cent. The group has warned that its profit will be £80m lower than expected this year due to issues with some [...]

  • Galliford Try hikes dividend as profit surges

    October 3, 2024

    Galliford Try has reported a more than tripling in annual profit and hiked its dividend as the housebuilder's earnings surpassed analysts' expectations.

  • We need more new towns like Brent Cross – but we need them in the right places

    September 25, 2024

    Brent Cross is London's newest park town. Its proximity to London has been crucial to making it a success, writes Tom Goodall

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