CORRECTED-UPDATE 3-Crest Nicholson likely to agree merger with Bellway to create $5 bln UK homebuilder Corrects to read 720 million pounds (not 701.4 million pounds), in paragraph 1 July 10 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Wednesday it may recommend to its shareholders a sweetened 720 million pound ($922.1 million) all-share takeover deal from bigger rival Bellway BWY.L if the latter comes up with a firm offer.

UPDATE 3-UK's Barratt flags up to 7% drop in 2025 homebuilding targets amid tough market Shares down 3%; stock top pct loser on FTSE 100 index Barratt sees FY25 homebuild target of 13,000-13,500 units Co expects reduction in average outlets in FY25 Updates share move in paragraph 2, adds analyst comment in paragraph 8, adds chart on home completions By Aby Jose Koilparambil July 10 (Reuters) - Britain's Barratt Developments BDEV.L expects its homebuilding targets for fiscal 2025 to drop by up to

UPDATE 2-Crest Nicholson won't enter talks on merger proposal from Avant Homes Adds details, background July 5 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Friday it had received a merger proposal from Elliott-backed Avant Homes but added it wouldn't enter talks while it is in an offer period following Bellway's takeover bid last month.

UK's Crest Nicholson rejects takeover proposal from Avant Homes, Sky News reports July 5 (Reuters) - Crest Nicholson CRST.L has in the past 10 days rejected an all-share takeover bid from Elliott Advisors-owned Avant Homes, Sky News reported on Friday, citing City sources. The bid from Avant, run by former Persimmon PSN.L chief Jeff Fairburn, would have seen Elliott become the biggest shareholder in the combined group, Sky News said.

UPDATE 2-London midcaps touch more than two-year highs as Labour Party returns to power For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.5%, FTSE 250 adds 0.9% Labour Party wins parliamentary election Homebuilders, construction stocks soar US unemployment rate at 4.1% Updated at 1550 GMT By Purvi Agarwal and Pranav Kashyap July 5 (Reuters) - Britain's domestic-focused stocks logged their best week in more than five months

UPDATE 3-UK housebuilding stocks lifted by Labour election win UK homebuilders top gainers in FTSE 100 Other housing stocks also climb Updates share moves in paragraphs 5, 6 and 8, adds HBF response in paragraphs 9-10, analyst comment in paragraph 11 By Aby Jose Koilparambil and Yadarisa Shabong July 5 (Reuters) - British housebuilding companies were the top gainers on the FTSE 100 .FTSE on Friday as investors welcomed the election victory by the Labour Party, which said it wanted 1.5 million ne

UK homebuilder stocks soar after Labour Party's election win July 5 (Reuters) - British homebuilders' shares rallied on Friday as investors cheered Keir Starmer's Labour Party's comprehensive win in a national election and his plans for the housebuilding sector. Analysts see Persimmon PSN.L , Taylor Wimpey TW.L and Vistry VTYV.L as key beneficiaries of increased focus on boosting affordable homes and a reform to planning.

BUZZ-UK homebuilders gain as Labour storms to massive election win ** Shares of UK housebuilders .FTNMX402020 jump 1.4% after Labour Party surged to a comprehensive win in the British parliamentary election on Friday, ending 14 years of often tumultuous Conservative government ** Investec analysts say they expect new government to restore mandatory

UPDATE 1-UK Stocks-Factors to watch on June 20 Adds new items, updates futures June 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.20%. * NATWEST: NatWest NWG.L has struck a deal to acquire most of the banking business of UK retailer Sainsbury's SBRY.L , the companies said on Thursday, in a deal set to grow the British lender's assets by 2.5 billion pounds ($3.18 billion).

UK Stocks-Factors to watch on June 20 June 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.22%. * ELECTION: Election pledges by Britain's governing Conservatives and the opposition Labour Party do not set out how they plan to meet a 38 billion pound ($48 billion) funding shortfall in the National Health Service (NHS) in England, a report said.

LIVE MARKETS-UK homebuilders to benefit regardless of election outcome - Morningstar STOXX 600 down 0.1% UK inflation down to 2% target Nvidia rally in focus U.S. markets closed for Juneteenth Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com .

BREAKINGVIEWS-Latest UK builder M&A may yet have completion date The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Yawen Chen LONDON, June 14 (Reuters Breakingviews) - UK housebuilders’ consolidation trend is encountering some bumps in the road. While tougher times for the sector have seen the likes of Barratt Developments BDEV.L and Redrow RDW.L couple up, Crest Nicholson CRST.L on Friday said it had spurned a 650 million pound ($8

UK housebuilders bemoan lack of new election housing pledges By Aby Jose Koilparambil June 13 (Reuters) - Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said on Thursday. At its manifesto launch, the Labour Party confirmed its plans to build 1.5 million new homes, just short of the 1.6 million homes over the next five years promised to voters

UPDATE 1-UK Conservatives promise to build 1.6 million homes in 5 years Adds detail on timing, stamp duty SILVERSTONE, England, June 11 (Reuters) - Britain's governing Conservatives on Tuesday promised voters they would build 1.6 million h omes over the next five years if they are re-elected on July 4. Speaking after publishing his party's election manifesto setting out its future policies, Prime Minister Rishi Sunak said more homes would be built by speeding up planning approvals and "scrapping

UK's Conservatives promise to build 1.6 million homes SILVERSTONE, England, June 11 (Reuters) - Britain's governing Conservatives promised voters they would build 1.6 million "well-designed" homes, as they outlined their future policies in a manifesto document on Tuesday ahead of an election on July 4. Reporting by Elizabeth Piper and Alistair Smou

BUZZ-UK homebuilders gain as cooling labour market boosts rate cut hopes ** Shares of UK housebuilders .FTNMX402020 rise 1.3% after Britain's labour market showed more signs of cooling in April as the unemployment rate rose ** Official data showed the jobless rate for the three months to April rose to 4.4% from 4.3% between January and March, the h

UPDATE 3-Bellway lifts house price outlook after strong spring season Adds sector context in paragraph 6 By Aby Jose Koilparambil June 7 (Reuters) - British homebuilder Bellway BWY.L raised its annual average selling price forecast on Friday and pointed to strong trading in the spring selling season as improved affordability lifted customer confidence.

EUROPE RESEARCH ROUNDUP-4Imprint, AstraZeneca, Bellway June 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including 4Imprint, AstraZeneca and Bellway, on Wednesday. HIGHLIGHTS * 4Imprint FOUR.L : HSBC raises target price to 6370p from 6060p * AstraZeneca AZN.L : HSBC raises target price to 14070p from 12950p * Bellway Plc BWY.L : Berenberg raises target price to 2900p from 2500p * Berkeley Group BKGH.L : Berenberg raises target price to

UPDATE 2-Blackstone bets on UK rental homes in $740 million deal Recasts, adds context throughout LONDON, June 4 (Reuters) - U.S. private equity giant Blackstone BX.N has agreed to buy 1,750 new homes to rent from British housebuilder Vistry VTYV.L , as institutional investors bet on a shortage of rental properties. Large investors are increasingly putting cash into rental homes which have fared better than other commercial property sectors such as offices and retail, through a period of soaring

POLL-UK home prices to build on recent gains but supply an issue cpurl://apps.cp./cms/?pageId=house-poll poll data By Jonathan Cable LONDON, May 29 (Reuters) - British home prices will rise modestly this year and increase faster than overall inflation in the next two years, according to housing market specialists polled by Reuters, supported by expected reductions in borrowing costs and a dearth of supply.