Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Inflation surprise sets UK homebuilders for biggest rally since 2008

Published by Uma Rajagopal

Posted on July 19, 2023

Featured image for article about Top Stories

MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation slowed faster than expected in June, which sent an index of homebuilder shares up by the most since late 2008.

By 0718 GMT, the FTSE 350 homebuilders index soared almost 7% and was set for its biggest one-day gain since November 2008. A gauge of UK real estate stocks gained over 6%, on course for its best day since February.

(Reporting by Danilo Masoni; Editing by Amanda Cooper)

Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy

Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats

PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider

A Notable Update for Employee Health Benefits:

Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing

Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print

ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES

Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale

Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets

Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust

Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews

LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

Inflation surprise sets UK homebuilders for biggest rally since 2008

Inflation surprise sets UK homebuilders for biggest rally since 2008

More from Top Stories

Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

LiaFi Addresses Gap Between Business Transaction and Savings Accounts

Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations