The Competition and Markets Authority is investigating Barratt Developments, Persimmon, Taylor Wimpey and Countryside Properties over the sale of rip-off leasehold homes.
Daily Mail Business Articles
Private equity tycoon to scoop £50m in Hut float
Dominic Murphy is one of a string of City big-hitters set for a significant windfall from the online retailer’s £4.5billion stock market listing.
New IAG chief executive flies into eye of the storm
Spaniard Luis Gallego succeeds Willie Walsh as chief executive of the British Airways owner at the annual meeting in Madrid on Tuesday.
US tech giant shares hammered in as sell-off continues
The tech-dominated Nasdaq, which has soared this year amid companies from Amazon to Zoom cashing in on the Covid-19 pandemic and lockdown, fell another 2.5 per cent in New York.
Bank of England: More stimulus for Covid-hit economy
The Bank has already cut interest rates to a record low and ramped up its money-printing programme. Michael Saunders considered it ‘likely additional monetary easing will be appropriate’.
Construction sector suffers ‘setback’ as growth stalls
The industry saw growth slow down last month as firms warned of a lack of work. The IHS Markit/CIPS construction purchasing managers’ index hit a reading of 54.6 last month, compared to 58.1 in July.
Ineos Grenadier ‘almost certain’ to be built in France, not Wales
He said a deal to build the 4X4 at an ex-Daimler factory in Hambach, France, is ‘pretty much’ decided, dealing a huge blow to Bridgend, Wales, where the car was due to be produced.
This is Money’s Fantasy Share Picking Game: Play to win £28k of prizes
Our game is back for a second year and we are offering readers the chance to win a £15,000 top prize, £5,000 and £2,000 runners-up prizes and twelve £500 weekly prizes.
SMALL CAP MOVERS: Sound Energy drops after Morocco slaps refuted $14m tax bill
Just over two months ago, the junior upstream company raised £2.75million reaching a cash balance of £4.2million, at the time estimated to last until next March.
BUSINESS LIVE: Persimmon and three other major housebuilders facing probe
The FTSE 100 got out on the wrong side of bed this morning, down around 0.89 per cent or 52.12 points to 5,798.74, after closing at 5,850.86 last night.