Brexit turmoil takes toll on FTSE housebuilder share prices August 28, 2019 Britain’s housebuilding stocks fell across the board this morning as Brexit turmoil dented investor confidence in the property sector. FTSE developer giants including Berkeley Group, Taylor Wimpey and Persimmon all suffered a drop in their share price as markets reacted to the news that Boris Johnson is planning to suspend parliament next month. Read more: [...]
Who joins Lloyds Bank on this list of cheap UK shares to buy? July 22, 2019 By Graeme Evans from interactive investor. Performance of UK-exposed stocks is at an eight-year low and this is the cheapest region around. Cheap-looking UK-focused stocks were in the spotlight as asset managers increasingly turn their attention to Europe in the face of darkening skies for global equities. The attraction of European equities was highlighted by UBS in an [...]
Barratt Developments: A cheap income play too good to miss? July 15, 2019 There’s lots to like about housebuilders, but all may not be what it seems, writes our head of markets. Until recently, the housebuilders had been directly in the firing line given Brexit uncertainty. This position has changed of late as the sector generally continues to make hay while the sun shines. The backdrop has been [...]
New homes: Our pick of the new builds going on sale in London this weekend July 12, 2019 High Street Quarter, Hounslow From £344,000 for a one-bed Jet-setting Londoners will want to check out Barratt London’s new High Street Quarter development in Hounslow, which launches this Saturday and is just ten minutes from Heathrow Airport. As well as 528 one and two-bed apartments it will also include a new public square, Cineworld cinema, [...]
Housebuilder Barratt expects record profits despite Brexit blues July 10, 2019 Housebuilder Barratt Developments has forecasted a record rise in annual profits this morning, as it presses ahead with a plan to withdraw itself from Central London’s subdued property market. The FTSE 100 developer, which said today it has been making good progress on its strategy to exit Central London, is set to report pre-tax profits [...]
Our pick of the new homes going on sale in London this weekend June 13, 2019 250 City Road, EC1V From £985,000Berkeley Homes is launching a collection of 670 sqft one-bedroom apartments at its huge 250 City Road development this weekend. The 48 new homes can be configured based on the buyer’s preference, and are located throughout the new 36-storey Valencia Tower, where residents will benefit from a rooftop yoga terrace [...]
Ofcom boss Sharon White chosen as next John Lewis chair June 6, 2019 Ofcom boss Sharon White is set to replace Sir Charlie Mayfield as the next chair of John Lewis, taking on the role as the retailer battles to recover from a recent plunge in profits and tough trading conditions on the high street. White, who is currently chief executive of the UK’s communications regulator, is set [...]
Housebuilder Barratt eyes full-year results ‘modestly’ ahead of expectations May 9, 2019 Housebuilding giant Barratt has said it expects its full-year results to be “modestly” ahead of expectations after posting a rise in sales for the year so far. The London-listed firm posted sales of £3.4bn to 5 May, up 2.4 per cent on the same period last year. Read more: Barratt Developments builds profit in strong [...]
Taylor Wimpey shares dip as costs weigh on property giant April 25, 2019 FTSE 100 developer Taylor Wimpey posted a record sales rate this morning, but higher building costs weighed on the property giant's profit margins. Taylor Wimpey’s share price dipped more than five per cent in early morning trading, with the firm revealing it had seen a bigger-than-expected rise in costs in the first few months of [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]