Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    82.94
    +1.04 (+1.27%)
     

  • GOLD FUTURES

    2,340.50
    -5.90 (-0.25%)
     

  • DOW

    38,497.49
    +257.51 (+0.67%)
     

  • Bitcoin GBP

    53,557.70
    +412.60 (+0.78%)
     

  • CMC Crypto 200

    1,434.99
    +20.23 (+1.43%)
     

  • NASDAQ Composite

    15,689.68
    +238.38 (+1.54%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Builder Galliford Try says sales and prices rose after EU referendum

Reuters - UK Focus
Builder Galliford Try says sales and prices rose after EU referendum

LONDON, Sept 14 (Reuters) - Building and construction group Galliford Try (LSE: GFRD.L - news) said sales rates and prices at its housing division have risen since Britons voted to leave the European Union, echoing sentiments from several other British builders.

The firm, which posted a slightly better-than-expected 18 percent rise in pre-tax profit to 135 million pounds ($178 million) in the year to the end of June, said its Linden Homes division had seen an immediate drop in demand but had since bounced back.

"After a short-term decline in visitor numbers and small increase in cancellation rates, broadly in line with normal seasonal patterns, we are encouraged to see a return to growth in sales rates and prices since the referendum," the firm said.

Britain's biggest housebuilder Barratt and smaller rival Redrow (LSE: RDW.L - news) have both said sales have increased in recent weeks. ($1 = 0.7577 pounds) (Reporting by Costas Pitas; editing by Kate Holton)