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The Latest Breaking News from Vistry

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

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

The Guardian - UK

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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.

Evening Standard

‘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

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.

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’.

Evening Standard

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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

The Guardian - UK

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.

Evening Standard

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.

The Independent UK

London stocks move higher before Christmas despite weaker housebuilders

The FTSE 100 finished 34.27 points, or 0.42%, higher to end the day at 8,136.99.

Evening Standard

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The Guardian - UK

UK housebuilder Vistry’s shares plunge as it issues third profit warning

Business, relegated from the FTSE 100 share index this week, blames delays at developments

The Independent UK

Housebuilder Vistry takes another £50m profit hit amid delays

The group issued its third profit warning since October, and said the last few months had been ‘disappointing’ and ‘challenging’.

The Guardian - UK

Watch out for the Weirdboyz: Games Workshop on track for FTSE 100

UK miniature wargames maker’s shares have risen by 43% since the start of 2024

Evening Standard

FTSE 100 rises as key US inflation gauge shows increase

London’s blue chip index rose slightly on Wednesday with retail and property stocks in the lead.

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news in one place.

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The Independent UK

London markets slip as housebuilders fall over interest rate worries

London’s top index finished 13.95 points, or 0.17%, lower to end the day at 8,085.07.

Evening Standard

Retailers help drag FTSE 100 to three-month low as firms warn over tax rises

The blue-chip index dropped 68.35 points to close at 8,072.39, the lowest level since early August.

The Guardian - UK

Shares in housebuilder Vistry plunge as cost overruns hit profits

Firm issues second profit warning in a month after review into ‘understated’ build costs in south division

The Independent UK

Vistry warns of extra costs and supply chain hit due to tax changes in Budget

The housebuilder said it is ‘assessing the impact’ of Labour’s autumn Budget in which Chancellor Rachel Reeves raised employer taxes.

Evening Standard

FTSE 100 Live 08 November: British Airways owner IAG soars on results beat, retail stocks struggle

IAG shares soared in the FTSE 100 index today after the British Airways owner reported a bumper summer.

The Guardian - UK

Housebuilder Vistry loses more than £1bn in value after profit warning

FTSE 100 company once known as Bovis Homes says profits will shrink over three years after it underestimated building costs

Evening Standard

Vistry shares crash after disastrous profit warning on building costs

The FTSE-100 developer said it had “recently become aware” of the issue at nine major schemes

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