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Barratt Developments Agrees to GBP168 4 Mln Sale of Homes to Lloyds Banking Subsidiary

By Joe Hoppe Barratt Developments said Friday that it has agreed to the future sale of 604 homes to Citra Living Properties, a wholly-owned Lloyds Banking.

London open: Inflation again in focus at quarter s end

London open: Inflation again in focus at quarter s end
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Barratt Developments Agrees to GBP168 4 Million Sale of Homes to Lloyds Banking Subsidiary

By Joe Hoppe Barratt Developments said Friday that it has agreed to the future sale of 604 homes to Citra Living Properties, a wholly-owned Lloyds Banking Group subsidiary, for a total cash consideration of 168.4 million pounds ($212.4 million). .

Miners and GDP data lift UK shares

Again, investors were reminded of the determination of Western central banks to raise rates at the ECB conference in Portugal. And again, they couldn t care less. Meanwhile, the UK is having to deal with the debt crisis at Thames Water, which weighed on utilities. The FTSE 100 ended yesterday 0.4% lower. However, financial outperformed after US banks passed the Fed s annual stress test.

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