London close: Stocks rebound from last week's losses
9th Sep 2024 16:02
(Sharecast News) - London's markets finished in a positive state on Monday, recovering from heavy losses at the end of last week after a disappointing US non-farm payrolls report.
Read moreBarratt, Lloyds Bank, Homes England form JV for large housing projects
9th Sep 2024 07:05
(Sharecast News) - Barratt Developments, UK government agency Homes England and Lloyds Bank have formed a joint venture master developer platform that will focus on large sites to deal with Britain's housing shortfall.
Read moreSixth Street, Patron reportedly considering bid for L&G-owned housebuilder Cala
4th Sep 2024 17:21
(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Cala Group, it emerged on Wednesday afternoon.
Read moreLondon close: FTSE slips as US job openings miss forecasts
4th Sep 2024 15:00
(Sharecast News) - London stock markets ended Wednesday flat to lower as investors processed fresh economic signals from the US, particularly a lower-than-expected job openings report.
Read moreBarratt profits slump on weak demand, mortgage rates
4th Sep 2024 07:04
(Sharecast News) - House builder Barratt reported a 75% plunge in annual profit, citing cost-of-living pressures, much higher mortgage rates and limited consumer confidence.
Read moreLondon close: Stocks slip on relatively quiet Monday
2nd Sep 2024 15:25
(Sharecast News) - London's stock markets closed in the red today, with trading activity subdued as US markets remained closed for the Labor Day holiday.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreBarratt-Redrow merger one step closer to regulatory approval
21st Aug 2024 07:17
(Sharecast News) - The competition authority has announced that the allowances made by Barratt Developments and Redrow in order to pave way for regulatory approval may just be enough to get the green light.
Read moreLondon close: Stocks finish lower as oil prices retreat
20th Aug 2024 15:33
(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.
Read moreLondon close: Stocks finish higher on quiet Monday
19th Aug 2024 14:29
(Sharecast News) - London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
Read moreBarratt-Redrow merger to complete this week as housebuilders engage with CMA
19th Aug 2024 07:07
(Sharecast News) - Barratt Developments and Redrow have reported that their impending £2.5bn merger should complete later this week despite local competition concerns raised by regulators.
Read moreLondon close: Stocks rise as investors digest inflation data
14th Aug 2024 15:02
(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.
Read moreUK's CMA finds local concern in Barratt/Redrow deal
8th Aug 2024 07:29
(Sharecast News) - Britain's competition regulator said its phase 1 review into Barratt's £2.5bn deal to buy smaller house builder Redrow had raised concerns around one Barratt development.
Read moreLondon close: Stocks rise as investors look to US data
10th Jul 2024 15:01
(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Read more