Housebuilder Berkeley Group posts 36% jump in half-year profits

London-centric builder of upmarket homes ups its long-term forecast after reporting profits of £533m and revenues of £1.6bnHousebuilder Berkeley Group has posted a 36% leap in half-year profits and raised its profit expectations, despite warning of Brexit uncertainty.
Berkeley, which specialises in building upmarket homes in and around London with average sale price of more than £700,000, reported profits of £533m for six months to 31 October. Revenues were up nearly 14%