Barratt, Taylor Wimpey and Bellway among 16 national house builders to sign up to government’s Starter Homes initiative December 15, 2014 Some of the UK's biggest property developers have signed up to a new government scheme designed to help first-time buyers get a foot on the ladder. Avant, Barratt, Taylor Wimpey and Bellway are among 16 house builders to have put their name to the scheme, which offers first-time buyers under the age of 40 [...]
FTSE falls back but airlines soar after Osborne’s tax cut – London Report December 3, 2014 LONDON’S top share index edged down from a one-week high yesterday, with moves in stocks exposed to measures announced in the Autumn Statement dominating in an otherwise quiet session. The blue chip FTSE 100 index closed down 0.4 per cent at 6,716.63 points. Large-cap airlines easyJet, up 2.46 per cent at 1,668p, and British Airways [...]
Barratt Developments and Taylor Wimpey join the FTSE 100 in quarterly shake-up December 3, 2014 Home-builders Barratt Developments and Taylor Wimpey will join the FTSE 100 index, replacing Petrofac and IMI, it has been announced today. The latter two have recently been hurt by crumbling commodity prices amid a global sell-off. Jimmy Choo, Allied Minds, CLS Holdings, Game Digital, Greggs and Spirit Pubs will join the FTSE 250. EnQuest, Fenner, [...]
Property firms Barratt Developments and Taylor Wimpey line up to join FTSE 100 as IMI and Petrofac drop out December 1, 2014 Two companies are on track to be promoted to the FTSE 100 this week as the UK’s main stock indices undergo a reshuffle. Residential property development companies Barratt Developments and Taylor Wimpey are both in line to be moved on to the FTSE 100 index from their current position on the FTSE 250. The FTSE 100 [...]
Barratt is building on another strong year of housing growth November 12, 2014 BARRATT Developments said yesterday it was on track to deliver a strong year of growth and that market conditions would remain robust for the group across all UK regions. The housebuilder said its sales rate of 0.63 net private reservations per site per week in the 19 weeks to 9 November was down on the [...]
Barratt Developments share price up on positive outlook for coming year November 12, 2014 Barratt Developments said it expects to deliver a significant improvement in performance over the next financial year, sending share price up by 0.82 per cent to £4.29 in morning trading. In its interim management statement for the 19 week period ending 1 July, the UK home builder described market conditions as “robust”, with high [...]
Nine Elms Point regeneration: There’s more to Battersea than the Power Station October 30, 2014 Nine Elms, a growing regeneration community in south London, will soon have a skyscraper of its own. Everyone knows about the transformation of Battersea Power Station, but few people have paid much attention to the regeneration that’s coming to the surrounding area. Dubbed Nine Elms, the Zone One location is set to benefit [...]
Bow, Tower Hamlets: All you need to know about London’s new eastern hotspot October 30, 2014 Everyone knows how well Hackney is doing in the property stakes, with house price increases outstripping any other borough in London over the last 12 months. But how about its neighbour Tower Hamlets? As a borough, it’s building more new homes than any other in the country. Bromley-by-Bow, in particular, has been popular with [...]
City Moves for 20 October 2014 | Who’s switching jobs October 19, 2014 Secure Trust Bank The bank, a subsidiary of Arbuthnot Banking Group, has appointed Neil Clinton as regional sales director. He joins from Barclays, where he was head of its UK large corporate asset based lending team. Clinton has over 30 years’ experience in banking and invoice finance. Investec Wealth & Investment The wealth management firm [...]
London Report: Stocks brush off referendum and get a lift from ECB September 18, 2014 LONDON traders yesterday set aside concerns over the Scottish referendum result and reacted positively to European Central Bank moves to strengthen Eurozone lenders. The blue-chip FTSE 100 closed up 38.39 points, or 0.57 per cent, at 6,819.29 points. Low-cost airline EasyJet’s shares rose 0.45 per cent to 1,344p after it announced that it would increase its [...]