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Housebuilders sound alarm over year ahead despite easing mortgage rates sparking buyer demand

FTSE 250 developer Crest Nicholson said it was too early to gauge customer behaviour although it has seen an uptick in enquiries.

Stocks see muted open; oil majors rise

Stock prices in London opened largely flat on Tuesday, failing to capitalise on broadly positive market sentiment elsewhere. The FTSE 100 index opened up 3.03 points at 7,490.73. The FTSE 250 was up.

Henry Boot shares fall as warns 2024 profit will be below 2023

Henry Boot PLC on Tuesday cited a slowing economy and higher interest rates as it forecast that profit in the year ahead will be significantly below current market expectations. Henry Boot shares.

Property developers hit by higher interest rates and weak consumer confidence

Crest Nicholson reported turnover slumped by 28 per cent to £657.5million in the 12 months ending October, while its adjusted pre-tax profits plummeted by 70 per cent to £41.4million.

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