Crest Nicholson shares slump 38% in record drop as housebuilder cuts forecast
Group says ‘macro-uncertainty’ from war Middle East war will push up costs and damage consumer confidence
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Berkeley shares tumble as housebuilder halts land purchases
UK group blames Middle East conflict and deteriorating outlook for investment cuts
UK housebuilders scale back as Iran war and interest rates mute demand
Cuts to earnings guidance and land purchases cast doubt on whether government will meet 1.5mn new homes target
Vistry’s shares plunge as discounted house sales erode profit
UK housebuilder warns first-half profits will drop significantly as it slashes home prices to generate cash
Isa season flops as UK retail investors shun falling stock market
Buyers stayed away during the crucial annual buying period amid pessimism over geopolitical tensions and the global economy
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses
Interest rates take fright
The market’s calm in the face of war is beginning to crack