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Share Price: 491.40

Bid: 491.20

Ask: 491.50

Change: -2.30 (-0.47%)

Spread: 0.30 (0.061%)

Open: 492.00

High: 492.00

Low: 490.10

Prev. Close: 493.70

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IN BRIEF: Redrow names Unite Group Non-Exec Akers as chair-designate

Wed, 12th May 2021 10:50

Redrow PLC - Ewloe, Wales-based housebuilder - Says Richard Akers will join the board as chairâ€designate & independent non-executive director on June 1. Akers will work closely with John Tutte during a handover period and Akers will assume the role of non-executive chair in mid-September, at which time Tutte will stand down from the board. Tutte was appointed as chair in April 2019 following the retirement from the business of Steve Morgan, the company's founder. In February, Redrow announced Tutte's intention to retire.

Akers currently holds independent non-executive roles at Unite Group PLC and Shaftesbury PLC, and until recently, having completed nine years, held a non-executive role at Barratt Developments PLC.

Current stock price: 691.00 pence

Year-to-date change: up 21%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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22 Jun 2023 08:03

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(Alliance News) - Stocks in London are expected to open lower on Thursday, as investors wait for the Bank of England's interest rate decision, while the UK continues to be gripped by wild inflation.

21 Jun 2023 16:46

LONDON MARKET CLOSE: Shock inflation print in UK sends stocks lower

(Alliance News) - Stocks in London were lower at the close on Wednesday following a shock inflation print in the UK that solidified market expectations of another rate hike from the Bank of England on Thursday.

21 Jun 2023 12:09

LONDON MARKET MIDDAY: Shock inflation reading puts pressure on BoE

(Alliance News) - Stock prices in London were mixed at midday Wednesday, as investors digest a hotter-than-expected UK inflation reading and what that means for the Bank of England.

21 Jun 2023 08:59

LONDON MARKET OPEN: Housebuilders fall amid hot UK CPI, rate fears

(Alliance News) - Stock prices in London opened in the red on Wednesday, as a hot UK inflation reading intensified fears about the trajectory of interest rates.

19 Jun 2023 12:01

LONDON MARKET MIDDAY: Stocks down over worries on China's outlook

(Alliance News) - The FTSE 100 in London was lower at midday Monday, as a lowered economic outlook for China darkened the mood, with blue-chip mining companies among the worst hit on the stock market.

16 Jun 2023 11:00

Travis Perkins profit warning causes "ripples" across peer group

(Alliance News) - Builders' merchant Travis Perkins PLC warned of lower annual profits on Friday, dragging down London-listed peers and housebuilders in a negative read across.

13 Jun 2023 12:11

LONDON MARKET MIDDAY: Shares fall back ahead of key US inflation data

(Alliance News) - London's large-cap and mid-cap indices had slipped into the red by midday on Tuesday, having started the day positively, as a risk-off mood crept into markets ahead of the release of key US inflation data at 1330 BST.

12 Jun 2023 12:22

UBS ups ratings on Crest Nicholson, Persimmon and Vistry

(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.

7 Jun 2023 16:57

LONDON MARKET CLOSE: Stocks dip after surprise hike by Bank of Canada

(Alliance News) - Stocks in London closed on a cautious note on Wednesday after a surprise rate hike from the Bank of Canada revived fears that interest rates around the world will stay higher for longer.

7 Jun 2023 12:18

LONDON MARKET MIDDAY: Cautious trade as focus turns to rate decisions

(Alliance News) - Stock prices in London were mostly lower at midday on Wednesday, though large-cap indices eked out a gain, as investors looked ahead to a busy two weeks for central bank rate decisions.

7 Jun 2023 09:10

LONDON MARKET OPEN: Stocks head lower amid global growth fears

(Alliance News) - Stock prices in London opened in the red on Wednesday, as concerns about interest rate hikes and a global economic slowdown damped risk appetite.

1 Jun 2023 11:57

LONDON MARKET MIDDAY: FTSE 100 up despite pressure on housing market

(Alliance News) - Stock prices in London were slightly higher at midday Thursday, as investors felt the relief that a US default has been averted.

1 Jun 2023 09:26

LONDON MARKET OPEN: US debt deal progress gives lift; Dr Martens down

(Alliance News) - Stock prices in London opened higher on Thursday, after the US House of Representatives approved a package of measures to raise the government debt ceiling and make budget cuts.

31 May 2023 14:35

IN BRIEF: Barratt Developments signs Scottish Safer Buildings accord

Barratt Developments PLC - Leicestershire, England-based housebuilder - Signs Scottish Safer Buildings accord in Scotland. The accord is an industry commitment supporting the remediation and mitigation of external wall cladding systems on buildings of 11 metres and above. Says in signing the accord, Barratt commits to resolving life critical fire safety defects in a property which has a storey at a height of 11 metres or more above the ground; is a multi-occupancy residential domestic building; and has been built by Barratt as a developer in the period of 30 years ending on June 1, 2022.

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IN BRIEF: Redrow names Unite Group Non-Exec Akers as chair-designate

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