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The Latest Breaking News from Vistry

UK housebuilders face class action suit over alleged collusion to inflate prices

Law firms seek up to £4.5bn on behalf of 700,000 buyers of new-build homes

The Guardian - UK

FTSE 100 struggles despite US-Iran deal progress

The index closed down 41.10 points at 10,430.62.

Evening Standard

UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty

Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautious

The Guardian - UK

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Vistry cautions over steep fall in half-year profits

The housebuilder is also seeing materials and labour costs rise as the Middle East conflict takes its toll on the sector.

Evening Standard

Vistry promotes Adam Daniels to top job after speedy search

The group said last month that former boss Greg Fitzgerald was retiring and that the business would be splitting his executive chairman role.

Evening Standard

Stocks recoup some lost ground as oil price cools

With the Middle East crisis entering its fifth day, the oil price cooled a touch.

Evening Standard

Bosses at housebuilders Barratt Redrow and Vistry set to retire

Leicestershire-based Barratt Redrow said on Wednesday that David Thomas is set to step down as chief executive of the company after 11 years.

Evening Standard

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Taylor nudges down annual earnings forecast after budget uncertainty hit sales

The builder said it now expects operating profit of around £420 million for 2025, down from guidance for around £424 million in November.

Evening Standard

House sales slump at Vistry after budget uncertainty drives ‘subdued market’

The FTSE 250 company reported that total home completions dropped by almost 9% to around 15,700 in the year to December 31.

Evening Standard

Housebuilders in focus as firms set to reveal figures amid sluggish market

Persimmon is due to publish a full-year trading statement on Tuesday January 13, with Vistry and Taylor Wimpey reporting later this week.

Evening Standard

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

Developers met ministers dozens of times over planning bill while ecologists were shut out

Exclusive: Leading ecologists say warnings over threat to wildlife have been ignored in drive to build 1.5m new homes

The Guardian - UK

Developers encroach on 2,000-year-old Devon wetland citing ‘blockages’ to Labour’s housing plans

According to planning conditions, Wolborough Fen in Newton Abbot must be protected as groundworks are prepared for 1,200 homes

The Guardian - UK

FTSE 100 closes lower as geopolitical issues worry investors

Nato fighter jets shot down Russian drones over Polish airspace for the first time.

Evening Standard

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The Guardian - UK

Housebuilder Vistry’s profits more than halve amid economic uncertainty

Fall to £40.9m in first six months of year pushes share price down, with order book lower than year ago

Evening Standard

Vistry profits tumble as home buyers remain wary

The group reported pre-tax profits falling 55% to £40.9 million in the six months to June 30.

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

Evening Standard

Miners help propel FTSE 100 to new record high

Mining stocks climbed after US President Donald Trump said he would enact a 50% copper tariff in August, sending copper prices higher.

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Evening Standard

Vistry welcomes ‘unprecedented’ funding to boost building of affordable homes

Vistry said that the Government stepping up funding into affordable homes was ‘hugely welcome’.

The Guardian - UK

Labour MPs alarmed by rise in sponsored events arranged by party

Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms

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

The Guardian - UK

Housebuilder Vistry pins hopes on £2bn affordable homes promise as profits fall

Company suspends dividend payouts after shares dip by 8% with profits down by more than a third

Evening Standard

Vistry cheers Labour’s affordable homes pledge after profits slump

The housebuilder saw pre-tax profits plunge 64% to £104.9 million in a ‘challenging’ 2024.

Evening Standard

Vistry avoids another profit warning but sees uncertainty ahead

The firm issued its third profit alert in as many months at the end of last year.

The Independent UK

UK housebuilders to shed light on property market amid Government targets

London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week.

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