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The Latest Breaking News from Redrow

FTSE 100 Live 11 February: AI fears hit wealth firms, Barratt Redrow results setback

Barratt Redrow shares today fell in the FTSE 100 index after the housebuilder trimmed its dividend alongside weaker half-year results.

Evening Standard

“Smart homes are on track to become the new standard” – brand new data shows why smart home tech will be essential by 2030

Smart home tech may still be optional for now, but this research shows why that choice could disappear by the end of the decade

'It's an absolute nightmare': Residents kept awake by 'noisy' heating unit beneath tower block

Residents live’s being made a misery by constant vibrations from Combined Heat and Power (CHP) unit below homes

Evening Standard

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Jockey Club behaves like old-style lord of the manor over secretive Kempton sale plans

There is a hint of feudalism about the way the unelected body has treated those who love the track like its serfs

The Guardian - UK

Barratt Redrow warns of budget uncertainty affecting property market

UK housebuilder reports 33% rise in revenue and 26% increase in profits but says possible tax and duty rises risk unsettling buyers

The Guardian - UK

‘No shops, no schools’: homes in England built without basic amenities

Thousands of properties going up without access to playgrounds, community infrastructure and even doctors

The Guardian - UK

FTSE 100 Live 15 July: Index tops 9000, Barratt Redrow and B&M shares slide

A landmark session for the FTSE 100 index was today overshadowed by the dumping of Barratt Redrow and other blue-chip housebuilding stocks.

Evening Standard

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This GenZ entrepreneur started mowing lawns aged 12—he skipped college and now his gardening business turns over $1 million a year

Chase Gallagher was just 12 years old when he started mowing his neighbor's lawn for $35. The Gen Zer kept at it instead of going to college and now his business is generating over $1 million.

Fortune

The improvements to start to add value to your home in 2025

Don’t worry about chasing the latest trends constantly

The Independent UK

The key interior trends to expect in 2025 – and how to get ready for them

Flexible living is on the rise

The Independent UK

Hundreds of jobs under threat as Barratt Redrow kick-starts cost-cutting

The newly-merged housebuilder has launched a consultation on the proposed closure of five of nine divisional offices it has earmarked to be shut.

Evening Standard

Barratt’s £2.5bn takeover of Redrow given go-ahead by UK regulator

CMA accepts undertakings by both housebuilders to address concerns over a potential local competition issue

The Guardian - UK

Barratt pushes ahead with takeover of Redrow despite watchdog’s concerns

UK’s largest housebuilder will waive conditions put on £2.5bn deal, set to be completed this week, from CMA

The Guardian - UK

Housebuilder says UK consumer confidence has returned amid cheaper mortgage rates

Bellway also cites easing of inflation as factor in company exceeding construction target for past year

The Guardian - UK

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news in one place.

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Fortune

This GenZ entrepreneur started mowing lawns aged 12—he skipped college and now his gardening business turns over $1 million a year

Chase Gallagher was just 12 years old when he started mowing his neighbor's lawn for $35. The Gen Zer kept at it instead of going to college and now his business is generating over $1 million.

The Guardian - UK

UK’s competition watchdog looks into Barratt’s £2.5bn Redrow takeover

CMA gathering information ahead of investigation to assess impact merger would have on competition

Evening Standard

Competition watchdog investigates £2.5 billion housebuilder merger

The CMA has opened an invitation to comment until 2 April

The Guardian - UK

McDonald’s says it’s trying to solve tech issues affecting some restaurants worldwide – as it happened

Global chain apologises to customers over IT problems which left customers unable to order food in countries including Australia, China, UK and Japan and led to temporary store closures

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news in one place.

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The Guardian - UK

Housebuilder shares fall as competition watchdog opens investigation; UK retail sales slump eases – as it happened

The CMA has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information.

International Business Times UK

Barratt to Acquire Redrow in Landmark £2.5 Billion Deal

Barratt, the nation's largest housebuilder, has finalised a deal to acquire its smaller counterpart, Redrow, for an impressive sum exceeding £2.5 billion.

The Guardian - UK

Barratt’s £2.5bn takeover of Redrow makes sense … for Barratt

CMA should have a good poke around the rafters of a deal whose promises on housing supply are ‘gloriously loose’

The Guardian - UK

UK’s biggest housebuilder Barratt to buy rival Redrow for £2.5bn

Companies reach agreement over all-share offer to create combined group with turnover topping £7bn

Evening Standard

Housebuilder giant Barratt Developments in surprise £2.5 billion offer for Redrow

Britain’s largest housebuilder Barratt Developments has revealed a surprise all-share merger deal for smaller rival Redrow, in a move that values the latter at £2.5 billion.

Evening Standard

FTSE 100 Live 7 February: S&P closes near 5000, London shares close lower as Barratt tumbles after mega-merger

AstraZeneca, Unilever and British American Tobacco are part of a heavyweight line up of FTSE 100 companies in the results spotlight today.

Evening Standard

Redrow guides profits to fall as mortgage crisis hits home sales

Redrow has became the latest major UK homebuilder to lay bare how the mortgage crisis is hurting trade, with the company warning sales and profits are expected to tumble this year.

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