UBS helped housebuilders higher after it said that the positive fundamentals of the sector remain unchanged despite measures by the Bank of England announced yesterday to cool the housing market. It said that while a "policy over-reaction" is undoubtedly the biggest risk to the sector, this risk has
Read moreInvestec has said it was not surprised by Ofgem's move to refer the UK energy market for a full competition investigation, saying it should be a positive for the industry. "We believe this is an opportunity to restore investor trust in an important part of the GB energy market, which has recently b
Read moreUBS has said that the positive fundamentals of the UK housebuilding sector remain unchanged despite recent concerns about how policy changes may affect companies in the industry. The Financial Policy Committee (FPC) on Thursday recommended a cap on loan-to-income (LTI) ratios, suggesting that lende
Read moreHousebuilders and related stocks including Redrow, Countrywide, Taylor Wimpey and Galliford Try leapt as investors reacted postively to the new Bank of England measures to cool the housing market. Alastair Stewart from Westhouse Securities said that the measures were "less draconian than many observ
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