Housebuilder Barratt Developments defies Brexit jitters as profits climb September 4, 2019 Barratt Developments shrugged off concerns of a housing market slowdown today after reporting a rise in pre-tax profits for the year to June 2019. The figures Britain’s largest housebuilder, which has been reducing its exposure to Central London’s subdued property market, posted profits before tax of £910m in the 12 months to 30 June, rising [...]
Berkeley Group faces opposition to new bonus policy September 1, 2019 Berkeley Group is facing opposition to its payment policy after a shareholder advisory firm urged investors to vote against the housebuilder’s new bonus structure at a meeting this week. The payment policy has been opposed by Institutional Shareholder Services (ISS), which said proposals to axe its bonus were “unlikely to affect the remuneration received by [...]
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: [...]
Here’s where you should buy a home for access to the best London schools August 23, 2019 As the summer holidays draw to a close and parents prepare their children for another academic year, would-be property buyers who have a young family – or are planning to start one – might be prompted to weigh up their options when it comes to local schools. For lots of families this means considering a [...]
Crunch time: Kettle Foods poised for takeover by Irish group Valeo August 12, 2019 The owner of high-end crisp brand Kettle Chips is set to be swallowed up by Irish food group Valeo as the two companies near an agreement in takeover talks. Valeo Foods, which owns brands including Rowse Honey and Barratt confectionery, is in advanced talks to buy Kettle Foods’s operations in the UK and Ireland, Sky [...]
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 [...]