Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers
2 months ago

Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 closed the day at yet another all-time high on Thursday, as shares in some of the UK’s biggest housebuilders surged following comments from the Prime Minister. Housebuilding giants Persimmon, Taylor Wimpey and Barratt Redrow saw shares rise faster than most on the stock exchange, after Sir Keir Starmer said he would end a “challenge culture” on infrastructure projects. Sir Keir said opponents of major infrastructure projects will have fewer chances to “frustrate growth” through repeated legal challenges. He added: “Moves by the PM today to make it easier for huge infrastructure projects to go ahead by limiting the number of legal challenges – taking on the ‘Nimbys’ who Keir Starmer said stood in the way of growth – have been seen as a clear indication that the Government is serious about building back Britain.” Elsewhere, Shell and BP shares took a knock after Donald Trump said he would ask some of the world’s largest oil producers to lower prices.

History of this topic

Banks and defence stocks help lift FTSE 100 after Starmer ups security spending
1 month ago
FTSE 100 slides after higher inflation dampens rate cut hopes
1 month, 1 week ago
FTSE 100 notches another record while US inflation rises
1 month, 2 weeks ago
FTSE strikes another record high as Wall Street makes gains
1 month, 4 weeks ago
FTSE 100 smashes through 8,600 mark for the first time
1 month, 4 weeks ago
UK housebuilders to shed light on property market amid Government targets
2 months, 2 weeks ago
FTSE 100 edges back after housing and bank shares fall
2 months, 3 weeks ago
New Year rally wanes for FTSE 100 while pound gains ground
2 months, 3 weeks ago
FTSE 100 jumps on first day of 2025 trading
2 months, 3 weeks ago
London’s FTSE 100 enjoys rally to end 2024 on a ‘high note’
2 months, 4 weeks ago
London stocks move higher before Christmas despite weaker housebuilders
3 months ago
FTSE 100 lifts to month-high amid strong banking stocks
4 months ago
Banks boost FTSE 100 while European stocks rebound
4 months, 2 weeks ago
FTSE 100 recovers ground after market jitters
4 months, 4 weeks ago
Housebuilders fall after Sir Keir Starmer warns of ‘painful’ Budget
7 months ago
FTSE 100 plunges to its lowest since April amid global market turmoil
7 months, 3 weeks ago
FTSE 100 surges in value amid strong blue-chip showing
7 months, 4 weeks ago
London markets end week on a high as NatWest helps lift FTSE 100
8 months ago
FTSE 100 dips amid weakness from blue-chip industrial stocks
9 months ago
FTSE 100 rises as investors see UK interest rate cut in ‘touching distance’
9 months, 1 week ago
FTSE 100 falls as utility sector weighs on market
10 months ago
FTSE hits two-week low as 2.3% inflation reading strengthens pound
10 months, 1 week ago
FTSE 100 makes further gains but retreats from intraday high
10 months, 2 weeks ago
FTSE 100 closes on record high after UK economic growth better than expected
10 months, 2 weeks ago
London’s FTSE 100 holds onto gains after record-breaking week
11 months ago
FTSE reaches another record level on strong earnings and Anglo American bid
11 months ago
FTSE 100 dips after strong week
1 year ago
FTSE 100 hits highest level in nearly a year amid hopes of interest rate cuts
1 year ago
Unilever helps lift FTSE 100 into the green ahead of new UK inflation data
1 year ago
FTSE drops as US court case dents Reckitt’s shares
1 year ago
UK’s top index in the red as housebuilders among fallers
1 year, 1 month ago
FTSE lower as HSBC shares slide on below-forecast profits
1 year, 1 month ago
Bumper session for FTSE amid strong retail sales and NatWest profit jump
1 year, 1 month ago
Top UK shares boosted after inflation beats forecasts
1 year, 1 month ago
FTSE 100 drops to month low as rate cut hopes ease
1 year, 2 months ago
FTSE 100 closes down as retailers and banks weigh
1 year, 2 months ago
FTSE climbs to three-month high after Christmas break
1 year, 3 months ago
FTSE 100 falters as tumbling Ashtead shares drag on index
1 year, 4 months ago
FTSE breaks three-day subdued run as housebuilders help lift index
1 year, 4 months ago
FTSE treads water but outperforms European rivals
1 year, 4 months ago
FTSE 100 edges up as oil rebound pushes Shell shares to record high
1 year, 5 months ago
FTSE 100 edges higher as pound continues weak spell
1 year, 6 months ago
Shares in housebuilders rise to top of FTSE 100 amid rate hike hopes
1 year, 6 months ago
Mining gains push FTSE 100 to six-week high
1 year, 6 months ago
FTSE 100 avoids steep drop after GDP figures disappoint
1 year, 6 months ago
Marks & Spencer returns to FTSE 100 while Abrdn and Persimmon get the boot
1 year, 6 months ago
Housebuilders help the FTSE gain for sixth day in a row
1 year, 6 months ago
Housebuilder boost helps lift FTSE 100 to two-week high
1 year, 7 months ago
FTSE rallies as housebuilders buoyed by inflation fall
1 year, 8 months ago

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