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Govt pulling rug from under FTBs' feet: Housebuilders – Mortgage Strategy

UK housebuilders have expressed major concern that the government is just not supporting new build enough and letting down all those desperate to buy their first home. In a week that saw new-build construction output falls to lowest level since June 2022 and the UK’s biggest housebuilder Barratt Developments predict
United Kingdom John Doughty Brian Berry Department For Levelling Federation Of Master Builders Michael Gove Department

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FTSE 100 Live: UK GDP down by 0.1%, balance of trade, Experian update

Shares in the housebuilding sector fell again today after Barratt Developments revealed a drop in its average sale price. The update amid the impact of higher mortgage costs came as it emerged that the UK GDP declined 0.1% during May. Demand for luxury timepieces “continues to outpace supply”, retailer Watches of Switzerland said, as years-long waiting lists for its most in-demand timepieces got even longer, despite it raising prices.
United Kingdom City Of Hong Kong Jeremy Hunt Michael Hunter Daniel Oboyle
Source: yahoo.com

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