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Berkeley waits on post-election rate and regulation clarity

A nightingale isn’t going to sing for the housebuilder any time soon, but the election makes all assumptions redundant
June 19, 2024
  • Interest rate cut is imperative 
  • Change of planning rules would help

Berkeley Group (BKG) endured a largely forgettable year as the housebuilder grappled with the related problems of higher costs, a lack of demand due to interest rates and a regulatory environment that could change significantly with the next government. The company has not been shy about bemoaning the lack of delivery of affordable homes.

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