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FTSE drops further as interest rate woes continue
The FTSE 100 moved 0.54%, or 40.16 points, lower to finish at 7,461.87.
Business
Persimmon home sale completions tumble, but encouraging signs emerge
Persimmon’s CEO said: “Trading over recent weeks has offered some signs of encouragement.”
Property News
Open for entries: London Evening Standard New Homes Awards 2023
Calling all housebuilders! Awards will celebrate innovation and excellence in today’s new homes.
Business News
Housebuilders and rising pound put pressure on FTSE
A rising pound often puts pressure on the FSTE, as it reduces the value of the dollars that British multinationals make abroad.
UK
Crest and Taylor Wimpey reveal hefty bills for cladding works after new pledge
The firms are among those to sign up to the Government’s new Building Safety Pledge in the wake of the Grenfell Tower tragedy of 2017.
UK
Fire chief: Housebuilders gaming the system to avoid post-Grenfell safety rules
The London Fire Brigade has warned the new homes may “extend legacy issues” with safety.
By David Lynch
UK
Detached homes at most popular since 2002, says housebuilding industry body
More than a third (36%) of new homes registered to be built in the third quarter of 2021 were detached, according to the NHBC.
By Vicky Shaw
Property News
As judged by you: the best new homes of the year revealed
Dazzling architecture, wow-factor interiors – here are the Evening Standard New Homes Awards winners for 2021.
UK
Quarter of food and hospitality firms hit by low stock levels – ONS
An Office for National Statistics survey found 27% of food and accommodation firms have reported lower stock levels amid supply chain woes.
UK
Construction sector has best month since 2014 as paused projects restart
Housebuilders have been boosted by large infrastructure projects and the stamp duty holiday for some homes.
ES Views
The Reader: Fat-cat builders have milked planning system for decades
Have your say Twitter: @ESTheReader Email: thereader@standard.co.uk