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    Home > Finance > British homebuilder shares hit seven-month high ahead of spending review
    Finance

    British homebuilder shares hit seven-month high ahead of spending review

    Published by Global Banking & Finance Review®

    Posted on June 11, 2025

    1 min read

    Last updated: January 23, 2026

    British homebuilder shares hit seven-month high ahead of spending review - Finance news and analysis from Global Banking & Finance Review
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    Tags:London Stock ExchangeUK economyHousing marketfinancial marketsInvestment opportunities

    Quick Summary

    British homebuilder shares surged ahead of a UK budget review, with Vistry leading gains. The finance minister is expected to confirm significant funding for affordable homes.

    UK Homebuilder Stocks Surge to Seven-Month High Before Budget Review

    LONDON (Reuters) -British homebuilder shares rose sharply on Wednesday, ahead a public spending announcement from the UK finance minister that is expected to confirm 39 billion pounds ($52.54 billion) of funding for affordable homes in the next decade.

    An index tracking British homebuilder shares was last up 2.36% at its highest since November, building on Tuesday's 5.4% gain.

    Vistry shares rose nearly 9%, and topped the broad European STOXX 600 share index. Peers Crest Nicholson and Bellway rose 5.2% and 2.5%.

    ($1 = 0.7422 pounds)

    (Reporting by Alun John; Editing by Amanda Cooper)

    Key Takeaways

    • •British homebuilder shares hit a seven-month high.
    • •UK finance minister to announce 39 billion pounds for affordable homes.
    • •Vistry shares rose nearly 9%, leading the STOXX 600 index.
    • •Crest Nicholson and Bellway shares also saw significant gains.
    • •The market anticipates positive impacts from the spending review.

    Frequently Asked Questions about British homebuilder shares hit seven-month high ahead of spending review

    1What caused the rise in British homebuilder shares?

    British homebuilder shares rose sharply ahead of a public spending announcement from the UK finance minister, which is expected to confirm £39 billion in spending.

    2How much did the index tracking British homebuilder shares increase?

    The index tracking British homebuilder shares was last up 2.36%, reaching its highest level since November, following a 5.4% gain on Tuesday.

    3Which homebuilder saw the largest share increase?

    Vistry shares rose nearly 9%, outperforming the broader European STOXX 600 share index.

    4What are the share price movements of other homebuilders mentioned?

    Crest Nicholson shares rose by 5.2%, while Bellway shares increased by 2.5%.

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