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
Cuts to earnings guidance and land purchases cast doubt on whether government will meet 1.5mn new homes target

Iran war has hit buyer sentiment and affected mortgage rates and availability, says chief executive

Companies rushed to make purchases amid fears that the Iran war would send prices even higher

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Supply bottlenecks mark the widening fallout from Iran conflict and its disruption on Middle East oil supplies

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Group says ‘macro-uncertainty’ from war Middle East war will push up costs and damage consumer confidence