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The Latest Breaking News from Berkeley Group

Worries over future of Chancellor hit UK stocks, the pound and bond markets

A sharper fall for the FTSE 250 typified a drab day for more UK-focused stocks.

Evening Standard

Weak retail sales and falls in key oil and drug stocks stifle FTSE 100

The FTSE 100 index closed down 17.15 points, 0.2%, at 8,774.65.

Evening Standard

Berkeley Group announces leadership reshuffle amid housing pledge

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The Independent UK

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Buyers need confidence in economy for home sales to improve – Berkeley Group

The firm said in its latest trading update that ‘inquiries are at a consistently good level’.

Evening Standard

London homebuilder says market recovery is near amid Labour’s housing push

Berkeley Group said the property market was ‘close to the point of inflection’ amid a recovery in house prices.

Evening Standard

Property giant warns ministers of the real cost of achieving housing targets

Exclusive: Boss of Berkeley Group calls for more money to be invested in housebuilding – and less diverted to potholes – as he reveals he is buying land for the first time in two and a half years

The Independent 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

The Guardian - UK

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FTSE 100 Live: ‘Inflation has become entrenched’ — blue-chips close at 7559 after prices shock; gilts surge

The Office for National Statistics published May’s inflation figures this morning, confounding experts in the City again as inflation remained stuck at 8.7%. Core inflation, which hit a 30-year high in April, rose even higher to 7.1%.

Evening Standard

‘I’m very fortunate’: meet the Londoner who lives among billionaires for £200 a week

Key workers join overseas ultra-rich in Millbank Quarter in central London, close to Big Ben

The Guardian - UK

London council spending thousands on art and security patrols in opulent wards

Exclusive: Kensington and Chelsea, one of most unequal boroughs in UK, allocating social infrastructure funds in wards where homes go for millions

The Guardian - UK

Scientists to examine health fears at west London luxury development

Southall residents to give blood samples after former gasworks redevelopment leads to reports of breathing problems

The Guardian - UK

Housebuilders ‘lobbied against plan for electric car chargers in new homes in England’

Exclusive: ‘Blatant efforts’ by companies criticised by campaign group Transport & Environment

The Guardian - UK

Berkeley appoints former Schroders head Dobson chairman

Replaces current chair Glyn Barker at property developer

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