Demand for new homes could gradually recover next year, giving British homebuilders a much-needed boost, analysts and some investors said after finance minister Rachel Reeves’ budget cleared uncertainty that held buyers back.
Shares of homebuilders, such as Berkeley, Barratt Redrow and Persimmon were about 1 per cent to 3 per cent higher on Thursday, having fallen on Wednesday after the budget which increased taxes on pensions and savers.
There was
