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The Latest Breaking News from Persimmon

Some average mortgage rates ‘jump month-on-month for first time since February’

With sticky inflation, ‘any imminent base rate cuts by the Bank of England seem unlikely’, Moneyfacts said.

Evening Standard

FTSE 100 down as US jobs market stalls in August

The FTSE 100 index closed down 8.66 points, 0.1%, at 9,208.21.

Evening Standard

Stocks up as Powell leaves door ajar for rate cut

The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40.

Evening Standard

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FTSE 100 pushes higher as US rate cut bets build

The FTSE 100 index closed up 17.42 points, 0.2%, at 9,165.23.

Evening Standard

Persimmon sells more homes but warns mortgage costs still a ‘barrier’ to buyers

The York-based developer told investors that it was on track to meet its yearly sales target despite tough conditions in the housing market.

Evening Standard

Business news live: AI start-up Perplexity launches shock £25bn bid for Google Chrome

Stock market news and latest business and finance updates from Wednesday

The Independent UK

FTSE 100 Live 13 August: Markets rally, Persimmon and Beazley fall on results

A record Wall Street close and the support of AstraZeneca and BAE Systems today helped the FTSE 100 index edge nearer its own all-time high.

Evening Standard

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Business news live: FTSE 100 and global stock markets rise and latest EV grant car models confirmed

Stock market news and latest business and finance updates from Monday

The Independent UK

UK housebuilders in focus as construction woes cloud outlook

Experts said Persimmon was among the builders fighting issues ‘outside of its control’ in the wider property sector.

The Independent 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

Housebuilders agree to £100m affordable housing payment after CMA probe

Money will fund hundreds of new homes across the UK, but few likely to be built in London

Evening Standard

European stocks wilt but S&P 500 hits fresh high

The FTSE 100 index closed down 37.95 points, 0.4%, at 8,760.96.

Evening Standard

Planning reforms could break housebuilders’ ‘failed’ dominance – housing expert

Peers scrutinised the Planning and Infrastructure Bill which aims to build 1.5 million new homes.

Evening Standard

Housing developer accused of 'vandalism' after 137 trees 'massacred'

PERSIMMON Homes has been accused of “vandalism”, after Blairgowrie residents counted 137 trees “massacred” to provide drainage for a…

The National (Scotland)

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Evening Standard

Housebuilding and China trade hopes lift London stocks

Figures showed the unemployment rate rose slightly in the three months to April, as expected.

Evening Standard

Persimmon ‘mindful’ of trade war impact but says home sales on track

The housebuilder is forecasting a sharp jump in home sales this year, but said economic uncertainty could hit mortgages and spending eventually.

The Guardian - UK

Thousands of playing fields ‘may be lost’ if Sport England stripped of planning role

Campaigners warn against removing group as statutory consultee as part of plan to speed up building new homes

Evening Standard

Help To Buy alternative: 15% interest-free boost offered to first-time buyers with 5% deposit

Those with a five per cent deposit will receive a 15 per cent interest-free ‘boost’ when they buy from Persimmon

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The Independent UK

FTSE 100 hits seven-week low as markets rocked by ‘erratic’ US trade policy

The blue-chip index fell 104.23 points, or 1.21%, to close at 8,495.99, hitting the lowest level since mid-January.

Evening Standard

Housebuilder Persimmon raises homes targets amid signals of property market recovery

The housebuilder said it had seen improving sales in the early part of 2025, and that it is targeting up to 11,500 homes this year

The Independent UK

Persimmon raises building targets amid signals of housing market recovery

The housebuilder said it had seen improving sales in the early part of 2025, and that it is targeting up to 11,500 homes this year.

The Independent UK

Housebuilder Persimmon to post higher profit amid slow recovery in demand

The FTSE 100 company will post its financial results for last year on March 11.

Evening Standard

Housebuilder Persimmon to post higher profit amid slow recovery in demand

Builders have pointed to an improving market in 2024, helped by falling interest rates in the second half of the year.

Evening Standard

London’s FTSE 100 rises amid hopes of new UK-US trade deal

London’s top stock market index was up 53.53 points, or 0.61%, to end the day at 8,809.74.

The Independent UK

Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers

The Prime Minister said opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges.

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