Barratt

The Competition & Markets Authority (CMA) has closed its investigation into Barratt Development’s acquisition of Redrow, paving the way for the £2.5 billion merger.

Barratt Developments has reported a 75% drop in annual profits and a double-digit decline in home completions after a “challenging” year for the housebuilder. Total home completions of 14,004 for the year ended on 30 June 2024, including joint ventures, was 18.6% lower than the 17,206 co

A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.

Barratt Developments has revealed it expects "profit before tax slightly ahead of our previous expectations" in its latest trading update. The developer has also said it anticipates a further 7% drop in home completions for the 2024-25 financial year, despite "broadly flat" building costs and U

The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.

The boards of UK housebuilders Barratt Developments and Redrow have agreed a merger deal, which prices Redrow at £2.524 million.

Barratt Developments Scotland has made a substantial contribution of £355.5m to the Scottish economy, an independent assessment has concluded. In the year ending 30 June 2023, Barratt Developments Scotland, which includes Barratt Homes and David Wilson Homes, also completed 1,951 new homes and

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers. In a trading statement, the homebuilder said adjusted profit before tax is "anticipated to be in line with current market expectations", which i

Sales rates for homes built by Barratt Developments have been maintained throughout a difficult economic period leading the housebuilder to project that its full year adjusted profit before tax will be in line with current market expectations. In a trading update for the period from 1 Janu

The prospect of homeownership has been made more accessible for prospective buyers in Scotland thanks to the launch of a brand new low deposit mortgage scheme by Barratt Homes.

Barratt Developments has today reported a 65.1% jump in profit before tax of £812.2 million for the year ending 30 June 2021 as the housebuilder benefited from the rebound in demand for homes from the pandemic. In its full year results, the developer said it generated revenue up 40% to £

Barratt Developments has said it is well-positioned for FY22 after a year of 'excellent performance' as it reported profits before tax of £107 million. The group has today issued a trading update for the year ended 30 June 2021 ahead of the publication of its annual results on 2 September

Henry Boot's land promotion business Hallam Land Management (HLM) has completed the sale of 116 plots on the edge of Edinburgh to Barratt Developments at a total price of £2.6 million.

Despite the challenges of the past year, Barratt Developments Scotland has made a substantial contribution of £245 million to the UK economy and supported hundreds of other organisations in the supply chain. In the year ending 30 June 2020, Barratt Developments Scotland has also completed 1,34

The board of housebuilder Barratt has decided to resume dividend payments to shareholders after the company experienced record sales over the past six months.