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City

Housebuilder Barratt warns outlook ‘less certain’ amid interest rate rises

Housebuilder Barratt said its outlook for the year is “less certain” amid rising interest rates but revealed it expects completions to be in line with the previous financial year. The London-listed firm told shareholders that pre-tax profits are set ...

12 Oct 2022 at 09:13

City

Barratt warns of ‘marked slowdown’ in housing market

The boss of housebuilding giant Barratt Developments has warned of a “marked slowdown” in the UK housing market over the past six months. The FTSE 100 firm said “political and economic uncertainty” affected the market over the quarter to September, ...

11 Jan 2023 at 10:14

City

Housebuilder Barratt urges Government to rethink fire safety levy

Bosses at housebuilder Barratt have urged the Government to rethink plans to expand a levy to finance fire safety repairs. The FTSE 100 firm, along with other UK housing firms, has signed up to the Government’s building safety pledged and ...

05 May 2022 at 11:55

City

Barratt profits crumble as high mortgage rates and inflation hit housebuilding

Barratt Developments reported a sharp fall in profit and home completions last year, as it hailed the Labour Government’s planning reforms as “one of the key levers” to boost housebuilding. Profit plunged 57% to £385 million, while the ...

04 Sept 2024 at 08:23

Soccer

Maidenhead dent Solihull Moors’ play-off push with victory at York Road

Solihull Moors saw their Vanarama National League play-off push dented with a 2-1 defeat at Maidenhead. The Magpies took the lead in the 11th minute when Tobi Sho-Silva knocked in a rebound after Sam Barratt’s shot had been saved by ...

27 Jan 2024 at 17:37

City

John Allan to stand down as Barratt chairman after misconduct allegations

Outgoing Tesco chairman John Allan is also stepping down from his role chairing housebuilder Barratt Developments amid allegations over his conduct. Barratt has requested that Mr Allan leaves his post as chairman on June 30, ...

23 May 2023 at 08:12

City

FTSE rallies as housebuilders buoyed by inflation fall

UK stock markets have enjoyed a rally after a bigger-than-expected fall in inflation offered hope for the squeezed mortgage market. London’s FTSE 100 jumped by more than 2% during the day, while the more UK-focused FTSE 250 ...

19 Jul 2023 at 17:33

Victims of pension fraud tell of ‘ruined’ lives after scammers jailed

The victims of a multimillion-pound pension scam which saw them duped out of their life savings have told how it “ruined” their lives and left them “panicky”. Alan Barratt, 62, of Althorne, Essex, and Susan Dalton, 66, of ...

22 Apr 2022 at 17:25

City

Stocks close higher with all eyes on the US Federal Reserve

Stock prices in London closed in the green on Wednesday, following the Bank of Canada’s rate cut and ahead of the US Federal Reserve’s own announcement, at which its own reduction is expected. “Markets have fully priced ...

17 Sept 2025 at 17:31

City

Barratt set to build fewer homes as mortgage costs hit demand

Barratt Developments has said it will build fewer homes next year despite respite from soaring building costs and Labour’s pledge to cut planning red tape. The group said it expects new home completions to drop by up ...

10 Jul 2024 at 09:06

City

European markets drop as US debt battle drags on

Markets continued to hold their breath on Tuesday as top US politicians failed to solve the impasse over the country’s debt ceiling. In a meeting on Monday evening European time, US president Joe Biden failed to ...

23 May 2023 at 17:47

City

Barratt and Redrow £2.5bn tie-up to be probed by UK competition watchdog

A proposed £2.5 billion tie-up between two of Britain’s biggest housebuilders is set to be probed by the UK’s competition watchdog. The Competition and Markets Authority (CMA) said it was investigating the ...

15 Mar 2024 at 09:21

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