Persimmon gains 5% after Berkeley’s update gives housebuilders a lift
Persimmon shares rose 5.3% to 1,087 pence in late London trade after the company reaffirmed 2026 home completion guidance. Berkeley reported annual pretax profit down 15% to £451.4 million but kept its four-year profit outlook. Barratt Redrow and Taylor Wimpey also gained over 4%. Savills predicts England will miss its homebuilding target, with completions set to fall in 2026/27.