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28.09.26 - 19:12
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Labour′s modest reheat of help to buy is worth a try (The Guardian)
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Turning to George Osborne's playbook may look awkward, but cutting deposits to 2.5% could jolt a housebuilding sector stuck in a funk• What you need to know about Your First Home schemeThere may be three reasons why the Labour government has hesitated until now to reheat the Tories' decade-long help to buy scheme. First, the inflationary risks of throwing subsidies at the housing market at a moment when wider inflation, driven by energy prices and the Iran war, is on the march.Second, the political awkwardness of turning to George Osborne's playbook. Third, the spectre of Jeff Fairburn, the shameless former boss of Persimmon who bagged a £75m bonus in 2018 as help to buy turbo-charged the value of his share-based incentives. The government would look foolish if, in its desperation to meet its housebuilding targets (or just miss them by a smaller margin), it created more Fairburns. Continue reading......
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12.08.26 - 10:06
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Bereaved Family Holds Book Event over 1985 JAL Crash (Nippon)
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Ueno, Gunma Pref., Aug. 12 (Jiji Press)--A bereaved family member of one of the 520 victims of the 1985 crash of a Japan Airlines jumbo jet held a picture book event last month at an elementary school near the crash site in Ueno, a village in Gunma Prefecture, northwest of Tokyo. Machiko Taniguchi, 78, read aloud "My Papa's Persimmon Tree," a picture book she created after her husband, Masa......
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06.08.26 - 16:42
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Positive Persimmon looks to tap into ′Burnham bounce′ on housebuilding (The Guardian)
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Firm lifts outlook, saying it is well placed to benefit from PM's focus on new homes despite cost pressures from Iran warThe UK housebuilder Persimmon has lifted its outlook for the full year, saying it is “well-placed” to benefit from the prime minister Andy Burnham's policy agenda, despite growing costs linked to the Iran war.As confidence rises across the housebuilding sector, Persimmon plans to complete 12,500 new homes by year-end, which would be at the upper reach of its previous guidance. Continue reading......
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06.08.26 - 09:48
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Persimmon H1 Pretax Profit Rises (AFX)
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LONDON (dpa-AFX) - Persimmon (PSN.L) reported first half profit before tax of 168.0 million pounds compared to 146.7 million pounds, prior year, up 15%. Earnings per share increased to 36.9 pence ......
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30.06.26 - 14:18
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UK housebuilders face class action suit over alleged collusion to inflate prices (The Guardian)
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Law firms seek up to £4.5bn on behalf of 700,000 buyers of new-build homesBusiness live – latest updatesBritain's biggest housebuilders, including Barratt Redrow and Taylor Wimpey, face a multibillion-pound class action lawsuit over claims that they colluded over higher prices for homebuyers.The lawsuit is being led by Mark McLaren, a former legal affairs manager at the consumer group Which?, on behalf of more than 700,000 consumers who bought a new-build between 2015 and 2026, against Barratt, Bellway, Berkeley Group, Persimmon, Taylor Wimpey, Vistry Group and Bloor Homes. Continue reading......
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