Housebuilder Bellway warns mortgage rate hikes dampening housing demand June 9, 2026 Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]
Is housebuilding in London impossible? May 25, 2026 After its 900-home development in Peckham was blocked, housebuilder Berkeley said it can “no longer invest” in London. Felix Armstrong asks whether development in the capital really has hit a brick wall At the Aylesham Centre in Peckham, south London, shoppers are met with graffitied walls, peeling paint and shuttered retail units. The site began [...]
Housebuilding stocks recover as industry reaches ‘rock bottom’ April 15, 2026 The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war. FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage [...]
Housebuilding stocks slump as Bellway issues Iran mortgage warning March 24, 2026 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 [...]
UK dividends jump in the final financial quarter of 2025 January 29, 2026 UK dividends rose in the final quarter of 2025, lifted by better than anticipated payouts across a range of sectors. Dividends jumped 1.3 per cent on a headline basis to £14.3bn, according to the latest dividend monitor figures from financial services company Computershare. Regular dividends, excluding one-off special payments, rose to £13.9bn, up 2.1 per [...]
FTSE 100 Live: Ofcom fines Royal Mail, CMA’s vet crackdown October 15, 2025 Good morning from the City AM liveblog team. 15 months on from Labour’s stunning general election victory and a month out from its next budget, how is the City feeling about the current government? It’s safe to say that enthusiasm has waned a little since high expectations were set last year. Some City analysts are [...]
Bellway says fears of Autumn tax raid has hit housing demand October 14, 2025 Housebuider Bellway has said that uncertainty over possible tax changes in the upcoming UK budget has dampened demand for housing. Rumors of various property taxes that Rachel Reeves might introduce in this Autumn’s budget in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges have been [...]
Reasons to be optimistic about the UK’s construction sector August 13, 2025 There are some early signs the UK’s beleaguered construction industry is turning a corner as higher demand, higher government investment and lower interest rates set shovels in the ground. Judging by the numbers so far this year, the UK’s construction industry is in a bad place: The sector contracted at the fastest pace since 2020 [...]
Persimmon: Profit jumps as construction activity rises August 13, 2025 Persimmon has reported a double-digit rise in operating profit on increased construction volumes, despite ongoing affordability pressures. The housebuilder told markets this morning that private completions rose seven per cent to 3,987 homes, while total completions rose four per cent to 4,605. It is on track for completions of 11,000-11,500 homes for the full year. [...]
Bellway: Issues with government planning reforms cause delays August 12, 2025 Housebuilder Bellway has said local councils have found it difficult to adapt to the government’s changes to the UK planning system, causing delays in the building process. The government recently announced an overhaul of Britain’s clunky planning system, promising to unleash “seismic change” on the country’s construction process. The National Planning Policy Framework (NPPF) has [...]