Market report: Barratt buoyed by strong foundations
Britain's listed housebuilders climbed amid speculation over a potential cut to stamp duty and an encouraging outlook from industry leader Barratt Developments. Barratt was the biggest riser on the FTSE 100, climbing 39.1p to 529.4p. The construction group said all its operational sites had reopened by the end of June, and that its forward order book was still strong. Jefferies’ Glynis Jackson said a trading update from the group gave a “more upbeat view” than expected, making
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