Shares jump for housebuilders as stamp duty survives mini-budget u-turns

Shares jump for housebuilders as stamp duty survives mini-budget u-turns

City A.M.

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Shares jumped for this afternoon after stamp duty cuts survived Jeremy Hunt’s mini-budget backtrack. Major players like Barratt Developments, Persimmon and Taylor Wimpey all saw their stock rally after the new chancellor’s emergency statement. Barratt’s shares climbed nearly four per cent, whilst Persimmon and Taylor Wimpey were was up nearly five per cent. Hunt backed [...]

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