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LONDON, March 20 (Reuters) - Housebuilders Barratt Developments and Crest Nicholson set out plans to expand their businesses on Thursday after the British government extended a housing scheme that has driven buyer demand. Finance Minister George Osborne confirmed in his annual budget on Wed
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The dividend payment at Morrison is expected to be only slightly covered by earnings going forward as the supermarket operator slashes its prices to take on rivals, such as discounters Aldi and Lidl. In fact, the firm announced a five per cent increase in its dividend pay-out despite the fact that u
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LONDON (Alliance News) - UK equities closed firmly higher Monday, with the FTSE 100 snapping a six-day losing streak, as investors digested the latest developments from the crisis in Ukraine and held their nerve.
"It was a case of sell the rumour, buy the fact for financial markets
By Brenda Goh LONDON, March 17 (Reuters) - Shares in Britain's five largest housebuilders jumped on Monday, gaining over 930 million pounds ($1.55 billion) in value, after the government unexpectedly said it would extend a popular mortgage scheme aimed at boosting construction of new homes.
Read morePolymetal received a boost from Canaccord Genuity which raised the stock to 'buy' after lifting its assumptions for gold prices over the medium and long term. Kenmare Resources was recovering well after it last week posted losses of $44m for 2013, helped by positive comments from both Goodbody Stoc
Read moreLONDON (Alliance News) - UK housebuilders saw their shares jump Monday after Chancellor George Osborne said the first part of the UK government's contentious Help to Buy scheme would be extended by four years to 2020. The first phase of the Help to Buy scheme in England started in April 201
Read more(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.
Chancellor George Osbor
LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.
Chancellor George Osborne confirmed that the government's flagship Help
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
Persimmon, up 4.7%. The housebuilder's share price has jumped following c
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read moreLONDON (Alliance News) - UK and European stocks are making gains Monday, while the price of gold has eased slightly from its six-month high, as global markets appear to take the expected result from a referendum in Crimea in their stride. By mid-day Monday the FTSE 100 is up 0.4% at 6,555.9
Read more- Crimea votes overwhelmingly to rejoin Russia - FTSE 100 bounces after three per cent fall last week - Housing stocks gain on Help to Buy extension - Vodafone to buy Ono for 7.2bn euros techMARK 2,784.02 +0.68% FTSE 100 6,552.67 +0.38% FTSE 250 16,257.31 +0.82% UK equities were making decent gain
Read moreShares in housebuilder Persimmon surge as much as 6.5 percent to lead a sector rally after the British government said over the weekend that it plans to extend a housing scheme to encourage construction until the end of the decade. Persimmon, Britain's largest houesbuilder by market value,
Read moreGoldman Sachs has upgraded Crest Nicholson from 'buy' to 'conviction buy', saying that the focus of the UK housebuilding sector is shifting from earnings to dividends after a strong reporting season. "Eight of the 12 UK housing-related companies under our mid-cap coverage have recently reported res
Read moreLONDON (Alliance News) - Taylor Wimpey PLC Tuesday said that Chief Executive Peter Redfern and Executive Director James Jordan each acquired 104 shares on Monday at 120.8 pence per share, and received the same number of matching shares. Redfern now holds a total of 2.0 million shares, repre
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