All the updated news related to redrow

All the news related to redrow updated in real time

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Cladding works set to cost housebuilder Redrow £200m

Housebuilder Redrow has set aside a further £164 million after vowing to carry out more first safety works in the wake of the Grenfell Tragedy. It will take the cost of the firm’s fire safety provisions to £200 million. Redrow has become one of the ...

06 Apr 2022 at 09:25

City

Housebuilders Barratt and Redrow face bumper bills over cladding works

Housing giants Redrow and Barratt are facing hefty bills after pledging to carry out more fire safety works in the wake of the Grenfell tragedy. FTSE 100 firm Barratt became the latest firm to promise improvements to the Government on Wednesday ...

06 Apr 2022 at 17:25

City

Redrow and MJ Gleeson put up house prices to return bumper profits

Two major British housebuilders have avoided the impact of rising costs for building materials and workers by jacking up prices for customers, they revealed on Thursday. Redrow said it had made a £203 million pre-tax profit and earned record ...

10 Feb 2022 at 11:55

City

Redrow cheers profits returning to pre-Covid highs but sees market cooling

Housebuilder Redrow has cheered annual profits returning to pre-pandemic record levels but cautioned over a cooling housing market amid the cost-of-living crisis. The group said the buoyant market was “moderating”, with a return to “more ...

14 Sept 2022 at 10:17

City

Big four housebuilders sign up to post-Grenfell cladding pledge

Five of the UK’s big housebuilders have signed new deals with the Government designed to ensure they fix cladding problems that were discovered after the Grenfell fire. Persimmon, Taylor Wimpey, Crest Nicholson, Bellway and Redrow all ...

13 Mar 2023 at 15:45

City

Redrow sees annual profits fall and warns over earnings in year ahead

Housebuilder Redrow has posted falling annual sales and profits and warned earnings could more than halve over the year ahead amid a “challenging and uncertain” property market. The group posted a 4% drop in underlying pre-tax ...

13 Sept 2023 at 08:07

City

Builder Redrow to replace gas boilers with heat pumps in new detached homes

Housebuilder Redrow has said homes in all its new developments will be fitted with a heat pump rather than a gas boiler from this month, in the industry’s first pledge of its kind. The company said it was overtaking its ...

25 Jan 2023 at 11:25

City

Watchdog opens investigation into eight housebuilders over information-sharing

The UK competition watchdog has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information. The Competition and Markets Authority (CMA) launched the probe ...

26 Feb 2024 at 13:06

City

Redrow hit by ‘subdued’ autumn housing market

Redrow stuck by its guidance on Friday but warned that the results will be towards the lower end of the range it had previously given as the market was “subdued” this autumn. The housebuilder said the level of net ...

10 Nov 2023 at 13:40

City

Merger of housebuilders Barratt and Redrow could put hundreds of jobs at risk

The merger of housebuilders Barratt Developments and rival Redrow could lead to the loss of more of 800 jobs, as two of the country’s biggest developers come together to save money and build more homes. Barratt ...

07 Feb 2024 at 13:38

City

Housebuilders Barratt and Redrow agree tie-up worth £2.5bn

UK housebuilder Barratt Developments has agreed to buy rival Redrow in a deal worth £2.5 billion, as two of the country’s biggest developers come together to accelerate the building of “much-needed” homes. ...

07 Feb 2024 at 08:11

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 ...

15 Mar 2024 at 09:21

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