UK stocks fell on Wednesday as
higher-than-expected consumer inflation data cemented fears of
the Bank of England further tightening monetary policy, while
homebuilder stocks were hurt by Barratt.
Housebuilder shares fell on Wednesday after Barratt Developments warned its annual outlook remained uncertain in a challenging period for the housing market.
Britain’s biggest housebuilder has warned of a tough market, with would-be buyers still struggling to secure an affordable mortgage. With people taking longer…
FTSE 100 down 61 points at 7,615 UK inflation unchanged in September at 6.7% Whitbread jumps after strong results 2:45pm: Wall Street on the back foot US.