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The Latest Breaking News from Persimmon

FTSE 100 ends flat as bank gains offset weak gold

Elsewhere, UK lenders passed the latest Bank of England stress tests.

The Independent UK

FTSE 100 eases as EU leaders weigh Ukraine deal

The FTSE 100 index closed down 4.80 points, 0.1%, at 9,534.91.

The Independent UK

FTSE 100 ends week on a high despite downbeat economic news

For the week, the FTSE 100 was down 1.6%, the FTSE 250 fell 2.1%, and the AIM All-Share declined 1.4%.

Evening Standard

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Soft inflation data encourages hopes of pre-Christmas rates cut

Rate sensitive housebuilders were buoyant with Persimmon up 6.3%, Barratt Redrow up 5.1% and Berkeley Group up 3.8%.

Evening Standard

FTSE 100 climbs as US-China trade fears recede

Joshua Mahony, chief market analyst at Scope Markets, said fears around the US-China trade spat have abated for the time being.

Evening Standard

Some average mortgage rates ‘jump month-on-month for first time since February’

With sticky inflation, ‘any imminent base rate cuts by the Bank of England seem unlikely’, Moneyfacts said.

Evening Standard

Fresh fears for homeowners and buyers as mortgage rates creep back up

Average two and five-year fixed mortgage rates have risen for the first time in months

The Independent UK

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FTSE 100 down as US jobs market stalls in August

The FTSE 100 index closed down 8.66 points, 0.1%, at 9,208.21.

Evening Standard

Stocks up as Powell leaves door ajar for rate cut

The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40.

Evening Standard

FTSE 100 pushes higher as US rate cut bets build

The FTSE 100 index closed up 17.42 points, 0.2%, at 9,165.23.

Evening Standard

Persimmon sells more homes but warns mortgage costs still a ‘barrier’ to buyers

The York-based developer told investors that it was on track to meet its yearly sales target despite tough conditions in the housing market.

Evening Standard

Business news live: AI start-up Perplexity launches shock £25bn bid for Google Chrome

Stock market news and latest business and finance updates from Wednesday

The Independent UK

FTSE 100 Live 13 August: Markets rally, Persimmon and Beazley fall on results

A record Wall Street close and the support of AstraZeneca and BAE Systems today helped the FTSE 100 index edge nearer its own all-time high.

Evening Standard

Business news live: FTSE 100 and global stock markets rise and latest EV grant car models confirmed

Stock market news and latest business and finance updates from Monday

The Independent UK

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The Independent UK

UK housebuilders in focus as construction woes cloud outlook

Experts said Persimmon was among the builders fighting issues ‘outside of its control’ in the wider property sector.

The Guardian - UK

Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation

Watchdog found evidence of information sharing linked to prices but firms have not admitted any wrongdoing

Evening Standard

Housebuilders agree to £100m affordable housing payment after CMA probe

Money will fund hundreds of new homes across the UK, but few likely to be built in London

Evening Standard

European stocks wilt but S&P 500 hits fresh high

The FTSE 100 index closed down 37.95 points, 0.4%, at 8,760.96.

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news in one place.

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Evening Standard

Planning reforms could break housebuilders’ ‘failed’ dominance – housing expert

Peers scrutinised the Planning and Infrastructure Bill which aims to build 1.5 million new homes.

The National (Scotland)

Housing developer accused of 'vandalism' after 137 trees 'massacred'

PERSIMMON Homes has been accused of “vandalism”, after Blairgowrie residents counted 137 trees “massacred” to provide drainage for a…

Evening Standard

Housebuilding and China trade hopes lift London stocks

Figures showed the unemployment rate rose slightly in the three months to April, as expected.

Evening Standard

Persimmon ‘mindful’ of trade war impact but says home sales on track

The housebuilder is forecasting a sharp jump in home sales this year, but said economic uncertainty could hit mortgages and spending eventually.

The Guardian - UK

Thousands of playing fields ‘may be lost’ if Sport England stripped of planning role

Campaigners warn against removing group as statutory consultee as part of plan to speed up building new homes

Evening Standard

Help To Buy alternative: 15% interest-free boost offered to first-time buyers with 5% deposit

Those with a five per cent deposit will receive a 15 per cent interest-free ‘boost’ when they buy from Persimmon

The Independent UK

FTSE 100 hits seven-week low as markets rocked by ‘erratic’ US trade policy

The blue-chip index fell 104.23 points, or 1.21%, to close at 8,495.99, hitting the lowest level since mid-January.

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