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Post by Totheleft on Jul 6, 2024 5:20:50 GMT
Looks like the Growth has already started
The share prices of UK housebuilders jumped on Friday after Labour's landslide victory in the general election saw the party return to power for the first time since 2010.
Vistry, Persimmon, Taylor Wimpey, Barratt and Berkeley all finished the day between 2-3% higher on the back of Labour’s plans to build new homes.
The pound was slightly up against the US dollar at $1.27, up 0.1 per cent.
The UK’s FTSE 100 also rose 0.3 per cent, to 8,274 this morning.
Sarah Ruggins, head of investment specialists at St. James’s Place, said investors had already been reporting increased confidence ahead of the election, likely to be consolidated by the result.
She said: "Greater policy certainty going forward should lead to greater confidence in the growth outlook for the UK economy.
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Post by Baron von Lotsov on Jul 6, 2024 7:39:02 GMT
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Post by Totheleft on Jul 6, 2024 7:57:31 GMT
What has that got to do with my thread . |
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Post by Baron von Lotsov on Jul 6, 2024 8:09:35 GMT
What has that got to do with my thread . It's one of the firms you mentioned in the OP, saying they are doing better now. I was just showing you what they were like a few years ago, and my gut felling is they are the same con merchants as they were back then, just reorganised a bit and renamed to avoid the Google search problem re their history, to make investors think everything is fine and they won't rip the customers off in future. |
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Post by sandypine on Jul 6, 2024 8:37:46 GMT
Looks like the Growth has already started The share prices of UK housebuilders jumped on Friday after Labour's landslide victory in the general election saw the party return to power for the first time since 2010. Vistry, Persimmon, Taylor Wimpey, Barratt and Berkeley all finished the day between 2-3% higher on the back of Labour’s plans to build new homes. The pound was slightly up against the US dollar at $1.27, up 0.1 per cent. The UK’s FTSE 100 also rose 0.3 per cent, to 8,274 this morning. Sarah Ruggins, head of investment specialists at St. James’s Place, said investors had already been reporting increased confidence ahead of the election, likely to be consolidated by the result. She said: "Greater policy certainty going forward should lead to greater confidence in the growth outlook for the UK economy. If growth is coming from housebuilding then they really have to tighten planning and building regulations to go along with it. Otherwise what we will get is squashed boxes clumped together with shared accesses, limited and defined parking with all the social and community problems that go along with that as you mix social housing with private ownership. Not to mention the need to ensure proper and effective insulation otherwise in chasing net zero the rest of us will have to pay for increased insulation in the near future as well as meeting the costs of social housing with ineffective and expensive heating systems. |
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Post by Fairsociety on Jul 6, 2024 9:03:46 GMT
***TTL means grow the population...
Normal dinghy service has been resumed in France, the people traffickers have already congratulated Starmer for cancelling the Rwanda plan.
Ireland is giving FREE travel back to England for all their illegal migrants, the migrants are celebrating a Labour victory.
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Post by sheepy on Jul 6, 2024 9:06:53 GMT
***TTL means grow the population... Normal dinghy service has been resumed in France, the people traffickers have already congratulated Starmer for cancelling the Rwanda plan. Ireland is giving FREE travel back to England for all their illegal migrants, the migrants are celebrating a Labour victory. Probably not as much as the friends of Israel. No pain no gain. |
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