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UK economic growth gets Brexit bounce but here's why the pace could slow in the months ahead featured picture

UK economic growth gets Brexit bounce but here's why the pace could slow in the months ahead

Official figures reveal a 0.5% advance in UK GDP in the first quarter to 31 March. But experts warn that the pace of UK economic growth may tail off through the rest of 2019. A 0.5% expansion was about in line with forecasts but the likelihood of a slowdown was reflected in a relatively modest response from sterling against other major currencies. Somewhat counter-intuitively, growth ...
Margin surprise lifts Barratt Developments’ shares despite gloomy property market data featured picture

Margin surprise lifts Barratt Developments’ shares despite gloomy property market data

Shares in Barratt Developments (BDEV) tick up 0.3% to 587.6p as investors balance a steer for a slight beat of 2019 guidance with more gloomy data on the UK housing market. Barratt says its outlook for the year is ‘modestly ahead’ of its previous expectations amid a strong start to the year driven by ‘good’ customer demand and amid stronger than expected margins. This bucks the trend ...
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