Wednesday, February 11, 2026 at 9:20 AM
Barratt Redrow reported a growth in home completions but faced margin pressure, leading to a decline in shares.
The company also indicated challenges in the market, aligning with the downbeat news affecting U.K. house builders.
Confidence among U.S. home builders inched lower this month, as affordability challenges persisted.
Property website Rightmove said U.K. house prices in February were virtually flat on month as a high choice of homes for sale and steadying buyer activity prevented a rise.
Pressure has mounted on the government over the appointment of Peter Mandelson, former British ambassador to Washington.
Wealth management is the latest sector to be threatened by competition from AI-powered startups.
