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.
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British homebuilders fell after the budget left questions unanswered about the timeline and funding of a planned first-time-buyer scheme.
The pound rose against the dollar and euro as investors priced in a higher chance of a November BoE rate hike. Bailey and Ramsden flagged rising inflation risks from high energy prices.
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Sept 24 (Reuters) — London shares fell on Thursday as crude oil prices continued to rise amid little progress towards a US-Iran deal, fuelling inflation concerns and lifting government bond yields. The blue-chip