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Live coverage of business, economics and financial markets as London and Thames Valley water utility says talks over new funding continueVistry Group, the house builder formerly known as Boris Homes, expects to build more than 18,000 homes this year, up nearly 12% from last year, as it prepares to work with Keir Starmer’s government to tackle the UK’s housing crisis.Greg Fitzgerald, the chief executive, said:We look forward to working with the new government to address the country’s housing crisis and are extremely well placed to support its ambition of delivering the biggest boost to affordable housing in a generation.The election of Labour is good news for Vistry. With its focus on build rates and partnership homes, it is likely to become the teacher’s pet of the Labour government. Working closely with local authorities could provide a win-win, helping councils meet their housing needs, the government its housing targets, and delivering more choice to renters and homebuyers.The partnerships model continues to underpin a relatively strong performance against a weak private open market … The open market still looks constrained, but with some positive momentum and firm pricing with sales incentives continuing.EUROPE’S STOXX 600 DOWN 0.2%GERMANY’S DAX DOWN 0.3%FRANCE’S CAC 40 DOWN 0.3%, SPAIN’S IBEX DOWN 0.4%EURO STOXX INDEX DOWN 0.3%; EURO ZONE BLUE CHIPS DOWN 0.3% Continue reading…
Live coverage of business, economics and financial markets as London and Thames Valley water utility says talks over new funding continue
Vistry Group, the house builder formerly known as Boris Homes, expects to build more than 18,000 homes this year, up nearly 12% from last year, as it prepares to work with Keir Starmer’s government to tackle the UK’s housing crisis.
Greg Fitzgerald, the chief executive, said:
We look forward to working with the new government to address the country’s housing crisis and are extremely well placed to support its ambition of delivering the biggest boost to affordable housing in a generation.
The election of Labour is good news for Vistry. With its focus on build rates and partnership homes, it is likely to become the teacher’s pet of the Labour government. Working closely with local authorities could provide a win-win, helping councils meet their housing needs, the government its housing targets, and delivering more choice to renters and homebuyers.
The partnerships model continues to underpin a relatively strong performance against a weak private open market … The open market still looks constrained, but with some positive momentum and firm pricing with sales incentives continuing.
EUROPE’S STOXX 600 DOWN 0.2%
GERMANY’S DAX DOWN 0.3%
FRANCE’S CAC 40 DOWN 0.3%, SPAIN’S IBEX DOWN 0.4%
EURO STOXX INDEX DOWN 0.3%; EURO ZONE BLUE CHIPS DOWN 0.3%
