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Advocates of the deal suggest it will help bolster Britain's need for huge numbers of new homes, while others allege competition in the sector could be reduced, which could push up prices.
Barratt was one of the biggest fallers, over nine per cent this AM, as its move to create the UK’s biggest housebuilder failed to impress.
Big hitters in the construction industry are working on a major new collaboration aimed at promoting the UK construction industry to secondary school
Housebuilders hope merger will provide ‘resilience’ during tough times
Two of Britain's leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn.