Berkeley Group Holdings
Housebuilders suffer after Berkeley production warning
UK housebuilders experienced a sell-off today after Berkeley Group Holdings warned it would not be able to boost production to meet the government’s demand for new homes.
FTSE 100 – Royal Mail and Provident out; Berkeley and NMC Health in
Royal Mail and Provident Financial have been ejected from the UK’s top 100 listed companies following the index’s latest quarterly rebalance.
Berkeley predicts rising profits but warns of government threat to developers
The Berkeley Group Holdings stock was the biggest riser in the FTSE 100 on Tuesday, climbing 2.9% to 2768p in light of the three-year profit projections set out by the company.