Housebuilders forge ahead with £2.5bn merger despite competition concerns
Housebuilders forge ahead with £2.5bn merger despite competition concerns
Positive shift in confidence sees housebuilding sector set out its stall for growth
IT is clear that confidence is returning to the housebuilding sector as today’s announcement by Barratt Developments, confirming it is forging ahead with a £2.5 billion merger with Redrow despite concerns from the competitions watchdog, reveals.
Persimmon buoyed by market optimism and consumer confidence
Persimmon buoyed by market optimism and consumer confidence
‘Green shoots’ and cut to interest rate bring welcome relief to UK housing market
THAT housebuilder Persimmon has delivered a solid set of half-year results shows clear signs that confidence is returning to the housing market.
Next raises profit target as retailer bucks trend again
FASHION and homewares chain Next saw shares surge more than 8% as the high-street bellwether lifted profit guidance after beating city forecasts in its first half with results boosted by better weather in July and a strong overseas performance.
Retailer has bottled a formula for success that others would love to get hands on
Retailer has bottled a formula for success that others would love to get hands on
Profit up at brewing giant but expected football boost fails to hit the net
Profit up at brewing giant but expected football boost fails to hit the net
Consumers’ thirst for beer and clever marketing can keep Heineken on track
Consumers’ thirst for beer and ramping up investment in sales and marketing can keep Heineken on track
Sharp decline in profits at Lloyds but bank upbeat
BANK of Scotland owner Lloyds Banking Group made a pre-tax profit of £3.3 billion in the first six months of the year – a sharp 14% decline from the £3.9bn reported this time last year although a better-than-expected performance predicted by some analysts.
Lloyds looks to cut costs and grow income as profit dips to £3.3bn
THAT Charlie Nunn was upbeat when delivering Lloyds Banking Group’s results for the first half of the year to June 30, 2024, is not surprising – although the chief executive can’t hide the fact that the group’s pre-tax profit of £3.3 billion in the first six months of the year saw a sharp 14% decline.
