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...Housebuilders are overwhelmingly backing the Labour party to win the next UK election, as government concessions to anti-development MPs and the rapid turnover of housing ministers have alienated the industry...
...The company operates in China, Singapore, Australia, the UK and entered the US market in 2017....
...Shares in UK housebuilders fell on Monday morning after the country’s competition watchdog opened an investigation into eight leading companies on suspicion of sharing commercially sensitive information....
...The UK’s competition watchdog has launched an investigation into eight housebuilders based on “evidence suggesting information sharing”....
...UK housebuilder Barratt has reached a £2.5bn deal to buy rival Redrow as developers weather the property market downturn....
...The UK housebuilder sold nearly 10,000 new homes in 2023, it said on Wednesday, more than the 9,500 forecast....
...Despite initial appearances, UK housebuilders have more to celebrate than fear from the year-long study....
...The UK’s competition watchdog has launched an investigation into eight housebuilders over whether they shared commercially sensitive information after a year-long study into why Britain builds too few homes...
...The takeover would secure Barratt’s position as the UK’s largest housebuilder, adding Redrow’s more upmarket homes to its range of products....
...week — a key metric for housebuilders....
...The “breakdown of chains” is hurting the housing market, as first-time buyers with mortgage difficulties hold up other transactions, said UK housebuilder Redrow....
...UK housebuilder Persimmon has warned that the market will remain “subdued” this year, pointing to particular weakness in the south and east of the country....
...The UK competition watchdog has opened a preliminary probe into the £2.5bn acquisition of housebuilder Redrow by rival Barratt....
...dozen real estate companies and investors including housebuilder MJ Gleeson, asset manager Invesco and rental landlord Grainger....
...UK housebuilder Crest Nicholson will cut jobs as it aims to reduce £3mn in expenses to weather the housing market downturn....
...Sales of new homes in the UK are picking up as mortgage rates have stabilised, according to FTSE 250 developer Bellway....
...UK commercial housebuilders built about a quarter fewer homes in 2023 than the year before, according to equity analysts at Investec, with building rates forecast to be flat in 2024....
...Barrett is the UK’s biggest housebuilder measured by the number of houses built, while rival Taylor Wimpey has the largest market capitalisation....
...UK housebuilders are in regulators’ crosshairs over information sharing....
...Share moves to note in Europe on Wednesday include high-end fashion group Kering, chemicals manufacturer Johnson Matthey, UK housebuilder Persimmon and computer services company Computercenter....
...Big share price moves in Europe today include UK vet chain CVS, Swiss energy group BKW, UK housebuilder Persimmon and German speciality chemical manufacturer Wacker Chemie....
...The UK competition watchdog is deepening its probe into the housebuilding sector, citing concerns about the country’s largest housebuilders control of land....
...Indeed, the CMA is right to launch further investigations into the alleged sharing of commercially sensitive information among housebuilders....
...The housebuilder’s woes have been compounded by a legal claim from M&G over a fire that badly damaged a block of flats built by the housebuilder and owned by the UK asset management group....
...The fund also holds Cairn Homes, the Irish housebuilder with a London listing, which trades on a p/e of 8.7 times, compared with US housebuilders such as Lennar, trading at nearly 11 times....
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