Chancellor of the Exchequer Philip Hammond’s Budget proposal to examine whether house builders were sitting on land to restrict supply and keep house prices high hit the sector’s major players. In afternoon trading there were the following moves: Barratt Developments (-3.14%); Persimmon (-2.5%); Bovis (-1%); Taylor Wimpey (-1.6%) and Berkeley (-1.3%).
Features
House builders hit by Budget move
Today’s Budget from Philip Hammond had little impact on financial markets, but proposals to look at whether house builders are hoarding land hit the sector.
Get in touch
Find out more
Our focus on clients has endured since the foundation of Charles Stanley in 1792 and has helped make us one of the UK's leading wealth management firms. Your interests give shape to everything we do.
Please call us to talk about your circumstances or complete the enquiry form.
020 3797 1783
Local Office
Your local office
Your local Charles Stanley office can help advise you on a wide range of investment management services.
Select an office