Housebuilding stocks recover as industry reaches ‘rock bottom’

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The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war.

FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage https://www.cityam.com/housebuilding-stocks-recover-as-industry-reaches-rock-bottom/">[...]