Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Nine smart ideas for improving your financial outlook
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Barratt Developments

  • John Allan: Tesco chair now also quits Barratt role fearing misconduct claims may become ‘disruptive’

    John Allan

    Tesco chair John Allan will quit his role at the top of Barratt Developments, fearing sexual misconduct claims which he staunchly denies will become “disruptive. The London-listed housebuilder told investors this morning that Allan would step aside from the role he has chaired for nine years at the end of next month – three months [...]

  • Barratt ‘on track’ but forward sales slow amid house price concerns

    BUILDERS IN THE SPOTLIGHT

    Barratt Developments has assured investors that it is “on track” for the year despite revealing a decline in forward sales, however the group’s share price tumbled 0.32 per cent when markets opened. In a trading update this morning the London-listed house builder noted that the economic outlook remained “difficult” as it posted total forward sales [...]

  • Barratt: ‘Uncertainty’ pushes housebuilder’s sales reservations down 44 per cent but pre-tax profit rockets to £521m

    Foundations to build on?

    Barratt Developments posted profit before tax of more than £520m as the company suggested that its outlook for the year was improving, despite sales at the beginning of 2023 lagging behind last year. The housebuilder’s revenue increased 24 per cent in the six months to December 31 from the same period last year while its [...]

  • Barratt: Rising mortgage costs could hit its profits as house prices slide

    January 11, 2023

    Barratt Developments said the outlook for 2023 was ‘uncertain’ as rising mortgage costs force residential property sales down. The FTSE 100 listed house builder said demand for its homes in 2023 looks “uncertain” due to prospective home buyers shunning big ticket purchases amid a cost of living and mortgage affordability squeeze. Mortgage costs have been [...]

  • Housebuilder Barratt warns volatility is clouding outlook

    October 12, 2022

    Housebuilder Barratt Developments warned that economic volatility was clouding the picture for the year ahead today but doubled down on profit targets for the remainder of the year.

  • Banks and housebuilders bear brunt of market chaos

    September 29, 2022

    Wild swings in UK debt markets and concern over borrowers’ capacity to pay costlier mortgages have whacked London-listed housebuilders and banks this week. Britain’s biggest property developers have been among the hardest hit listed companies during this week’s market sell-off. FTSE 100-listed construction firms Taylor Wimpey and Barratt Developments have shed more than 20 per [...]

  • Housebuilder Barratt shares slide despite pandemic recovery and £5.2bn revenue

    September 7, 2022

    Housebuilder Barratt Developments’ shares slid this morning despite its construction output recovering to pre-pandemic levels and a rosy revenue of £5.26bn. The FTSE-listed housebuilder’s annual results coincided with a caution from Halifax today, warning of a housing market slowdown amid the cost of living crisis, soaring energy bills and rising mortgage interest rates. Completions climbed [...]

  • Terrible Thursday for Barratt as energy prices and inflation take their toll on Britain’s biggest housebuilder

    July 14, 2022

    Barratt Developments revealed this a.m. the company is facing a rise in build costs of up to 10 per cent as soaring energy prices and inflation take their toll. Britain’s biggest housebuilder said build cost increases have escalated to between 9 per cent and 10 per cent, up from around 6 per cent over the [...]

  • City veteran John Allan prepares to step down as Barratt chair

    June 4, 2022

    Titan housebuilder Barratt is planning to begin a search for a new chairman, with City grandee John Allan to step down. According to reports by Sky News, Allan, who also chairs the country’s largest supermarket, Tesco, is readying to hand over the reins of the construction giant. Barratt has reportedly asked headhunters at Russell Reynolds [...]

  • Housebuilders’ share prices plunge as government cracks down on cladding crisis

    January 10, 2022

    Homebuilders’ share prices tumbled on Monday as the government said it was prepared to force developers to pay for the removal of dangerous cladding.  Housing minister Michael Gove has handed builders a March deadline to agree a plan to protect leaseholders who cannot sell their homes due to their fire defects. Leaseholders have called on [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 6
  • Next

Trending Articles

  • Monzo founder Blomfield fires parting shot at London as he packs bags for San Francisco

  • Florian Zeller interview: The Son director on fighting the shame of mental illness

  • Motoring? Car industry defies Brexit warnings with EU export surge

  • London takes global tech capital crown from New York

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited