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EXPLAINED: Berkeley group | Vintage Vibes

FTSE 100 falls as OpenAI delay report knocks tech

The FTSE 100 closed down 21.87 points, or 0.2%, at 10,508.02.

Evening Standard

Stocks mixed amid lack of Middle East progress

The FTSE 100 closed up 5.15 points at 10,373.20.

Evening Standard

London is now a no-go zone for developers, warns capital's biggest housebuilder after shopping centre plan rejected

Berkeley Group warned London’s ‘housing crisis will deepen’ after its scheme for 867 flats on the site of the Aylesham Centre in Peckham was dismissed

Evening Standard

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‘Sludge in the system’: myriad problems stymie Labour’s 1.5m new homes pledge

Soaring cost of building materials, lack of affordability and planning bottlenecks are some of the obstacles thwarting housing target

The Guardian - UK

FTSE 100 soars as Middle East peace hopes grow

The US and Iran have both made some positive noises, prompting markets to rise.

Evening Standard

Housebuilder Berkeley to pause buying new land for homes amid global volatility

The risk of global volatility slowing recovery in the housing market ‘has now become a reality’, Berkeley said.

Evening Standard

FTSE 100 outperforms European rivals as US interest rate decision looms

Evening Standard

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Buoyant miners fail to fire lacklustre FTSE 100

Miners led the way in London on rising metals prices, with copper showing particular strength.

Evening Standard

Soft inflation data encourages hopes of pre-Christmas rates cut

Rate sensitive housebuilders were buoyant with Persimmon up 6.3%, Barratt Redrow up 5.1% and Berkeley Group up 3.8%.

Evening Standard

Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation

Watchdog found evidence of information sharing linked to prices but firms have not admitted any wrongdoing

The Guardian - UK

Stocks fade as tariff deadline looms large

US President Donald Trump said he plans to start sending letters informing trading partners of their tariff rates.

Evening Standard

Worries over future of Chancellor hit UK stocks, the pound and bond markets

A sharper fall for the FTSE 250 typified a drab day for more UK-focused stocks.

Evening Standard

Weak retail sales and falls in key oil and drug stocks stifle FTSE 100

The FTSE 100 index closed down 17.15 points, 0.2%, at 8,774.65.

Evening Standard

Berkeley Group announces leadership reshuffle amid housing pledge

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The Independent UK

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Evening Standard

Buyers need confidence in economy for home sales to improve – Berkeley Group

The firm said in its latest trading update that ‘inquiries are at a consistently good level’.

Evening Standard

London homebuilder says market recovery is near amid Labour’s housing push

Berkeley Group said the property market was ‘close to the point of inflection’ amid a recovery in house prices.

The Independent UK

Property giant warns ministers of the real cost of achieving housing targets

Exclusive: Boss of Berkeley Group calls for more money to be invested in housebuilding – and less diverted to potholes – as he reveals he is buying land for the first time in two and a half years

The Guardian - UK

McDonald’s says it’s trying to solve tech issues affecting some restaurants worldwide – as it happened

Global chain apologises to customers over IT problems which left customers unable to order food in countries including Australia, China, UK and Japan and led to temporary store closures

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Evening Standard

FTSE 100 Live: ‘Inflation has become entrenched’ — blue-chips close at 7559 after prices shock; gilts surge

The Office for National Statistics published May’s inflation figures this morning, confounding experts in the City again as inflation remained stuck at 8.7%. Core inflation, which hit a 30-year high in April, rose even higher to 7.1%.

The Guardian - UK

‘I’m very fortunate’: meet the Londoner who lives among billionaires for £200 a week

Key workers join overseas ultra-rich in Millbank Quarter in central London, close to Big Ben

The Guardian - UK

London council spending thousands on art and security patrols in opulent wards

Exclusive: Kensington and Chelsea, one of most unequal boroughs in UK, allocating social infrastructure funds in wards where homes go for millions

The Guardian - UK

Scientists to examine health fears at west London luxury development

Southall residents to give blood samples after former gasworks redevelopment leads to reports of breathing problems

The Guardian - UK

Housebuilders ‘lobbied against plan for electric car chargers in new homes in England’

Exclusive: ‘Blatant efforts’ by companies criticised by campaign group Transport & Environment

Evening Standard

Berkeley appoints former Schroders head Dobson chairman

Replaces current chair Glyn Barker at property developer

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