Persimmon (LON:PSN) reported higher first-half home completions, revenue and operating profit, while cautioning that build-cost inflation, incentives and a larger proportion of housing association sales continued to weigh on margins. The housebuilder said underlying profit before tax rose 3% to £17

Group revenues lifted by 15% to £1.73 billion for the six months to June 30, compared with a year earlier.

FTSE 100 up 131 points at 10,716 Index hits highest since 3 March Inflation eases to 2.6% from 2.8%, but core CPI unmoved Brent crude oil hits 6-week high Wetherspoon's, Greencore, Mulberry, Liontrust post updates 5.35pm: Winning day The FTSE 100 finished the day on the front...

UK homebuilding stocks rose after investors bet that Andy Burnham’s housing agenda could revive demand and put new homes back at the center of policy.