Crest Nicholson PLC - Surrey-based housebuilder - Confirms cost estimate of building safety pledge. As the company announced on April 5, the exceptional charge is estimated to be between GBP80 million and GBP120 million. Read More
(Alliance News) - Housebuilders who do not sign up to a voluntary pledge to help fix unsafe cladding on tall buildings could be banned from new construction, the UK government has warned. Read More
(Alliance News) - FTSE-250 housebuilders Bellway PLC and Vistry PLC are the latest to have signed the UK government's Building Safety Pledge, the companies announced on Thursday. Read More
(Alliance News) - The FTSE 100 went into reverse on Wednesday - following global peers - as sentiment was rocked due to worries over tightening US monetary policy. Read More
(Alliance News) - Barratt Developments PLC on Wednesday joined four other housebuilders in announcing that it has signed the UK government's Building Safety Pledge. Read More
(Alliance News) - Cladding remediation bills for UK-listed housebuilders have now hit a combined GBP1.2 billion, but a recent housing boom means firms are well-placed to shoulder the cost. Read More
(Alliance News) - Redrow PLC and MJ Gleeson PLC on Wednesday said they signed a UK government pledge which aims to ensure the safety of high-rise buildings. Read More
(Alliance News) - Stocks in London were mostly lower at midday on Tuesday as the West considered further sanctions against major crude producer Russia in response to killings in the Ukrainian town of Bucha. Read More
(Alliance News) - Persimmon PLC on Tuesday joined housebuilding peer Crest Nicholson Holdings PLC in signing a UK government building safety pledge. Read More
(Alliance News) - Crest Nicholson Holdings PLC said on Tuesday it intends to sign a pledge committing the housebuilder to high-rise building remediation, saying it was "in the best interests" of the company. Read More
(Alliance News) - Stocks in London are seen opening lower on Tuesday, with traders still mindful of the possibility of more sanctions being imposed on Russia in the wake of international outrage following killings in the Ukrainian town of Bucha. Read More
(Alliance News) - Crest Nicholson Holdings PLC said its sales rate has increased since the start of 2022, and the strong UK housing market has allowed it to pass on cost increases with sales price hikes. Read More