British Homebuilder Shares Fall More Than 4% After Budget
British homebuilders fell after the budget left questions unanswered about the timeline and funding of a planned first-time-buyer scheme.
Shares in British homebuilders slumped on Wednesday after finance minister John Healey's maiden budget left key questions unanswered on the timeline and funding of a much-awaited scheme to help first-time home buyers.The homebuilders sector index (.FTNMX402020) fell more than 4% after the speech, r…