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The Latest Breaking News from Persimmon

UK companies warn of growing consumer costs after Budget tax rises

Retailers, housebuilders and hospitality firms all say Labour’s increase in employers’ national insurance contributions will lead to price rises.

Evening Standard

Persimmon cautions over Budget cost hit as home sales fall

The building giant said home sales fell between July and November, to 1,416 from 1,439 a year ago.

The Independent UK

Persimmon warns on return of building cost inflation as house sales pick up

Persimmon said that it was on track to deliver around 10,500 homes in the full year.

Evening Standard

From analysis to the latest developments in health,
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FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

Evening Standard

Global stocks tumble and pound weakens as investors digest UK Budget

London’s FTSE 100 was down 49.53 points, or 0.61%, to close at 8,110.1.

Evening Standard

See house The Independent is building for domestic abuse survivors take shape

Construction is well underway at site of first new home funded by our Brick by Brick appeal, as Refuge chair thanks readers for ‘building hope’

The Independent UK

The Independent to build second home for survivors of domestic abuse as campaign smashes target

The Independent is extending its campaign after an incredible response from readers, the prime minister, the Queen and a host of celebrities to raise money to build a safe refuge for women and children

The Independent UK

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Dermot O’Leary backs The Independent’s Brick by Brick campaign as Persimmon donates £25k to appeal

Dermot O’Leary’s support for the scheme to help victims of domestic violence comes as Persimmon provides a generous donation

The Independent UK

The Independent to start building refuge after anonymous £25,000 donation boosts Brick by Brick campaign

Individual donors have generously given more than £71,000 to The Independent’s campaign just days after it launched

The Independent UK

The house The Independent built: why we’re launching a campaign to help victims of domestic abuse

Build a house, rebuild women’s lives – donate to The Independent and Refuge’s Brick by Brick campaign to help domestic abuse survivors. Maya Oppenheim takes us through the lifesaving initiative

The Independent 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

Persimmon ups housebuilding forecast amid optimism over Labour plans

Builder also says outlook for house sales improving as consumer confidence returns after interest rate cut

The Guardian - UK

How a disastrous Tory policy blew up the housing market

George Osborne’s help to buy cost billions, pushed up prices, did almost nothing for new buyers – but made house builders a lot of money

The Guardian - UK

House market slump hits Persimmon profit as south and east counties stay "weak"

Shares in the York-based firm fall after drop in annual profit and slowdown in completions

Evening Standard

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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.

The Guardian - UK

Crest Nicholson chief executive to step down as profits dive by 70%

Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this year

Homes & Gardens

6 best terracotta paints that are interior designers' go-tos for creating an earthy and warm scheme

What are the best terracotta paints? Interior designers round up six of their favorites, perfect for creating a warm and 'earthy' decor scheme

The Guardian - UK

We can’t live in our new, leaking Persimmon home

There is mould in all of the bedrooms and the smell is terrible, but the company has failed to fix the problem

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The Conversation

How big UK housebuilders have remained profitable without meeting housing supply targets

We must “bulldoze through” the planning system to “get Britain building again”. So said Sir Keir Starmer at the Labour party’s last annual conference. He argued it’s time to “fight the blockers” and build the 1.5 million homes that he thinks Britain needs.

Evening Standard

FTSE 100 live: House prices higher, grocery inflation falls below 10%, blue-chip shares steady

The first Marks & Spencer dividend in four years amid the latest signs of turnaround progress today sparked a big jump for the retailer’s shares.

Evening Standard

UK housebuilder giants set for tumble in annual completion numbers, analysis shows

The housing industry has been grappling with various challenges from soaring mortgage costs hitting buyer demand, to the Help to Buy scheme closing to new applicants last October

The Guardian - UK

Cracked tiles, wonky gutters, leaning walls – why are Britain’s new houses so rubbish?

Buying a brand new property these days is often less of a dream home, more a living nightmare. With housebuilders – and their shareholders – making huge profits, how come so many new builds aren’t up to scratch?

The Guardian - UK

UK housebuilders save billions as government delays low-carbon rules

Housebuilders have little incentive to take steps by themselves. It’s no surprise they are so keen to wade into the political arena as major donors

The Guardian - UK

Housebuilder Persimmon cuts almost 300 jobs after drop in demand

Company to push ahead with cost-cutting drive as fallout from government’s autumn mini-budget takes toll

Evening Standard

FTSE 100 Live: Wilko goes bust but no ‘immediate’ job losses, US inflation rises

The downward run for US inflation ended today, with the rate of price rises in July rising to 3.2%. But core inflation ticked slightly down to 4.7%, enough to reassure investors that the fed is done with rate hikes.

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