Watchdog issues preliminary “invitation to comment” ahead of formal investigation
The deal will see Barratt pay £2.5bn for Redrow’s shares
Housebuilder said its forward sales had “returned to more normal levels”
The deal is a “significant step forward”, says Barratt boss David Thomas
Allan was made to stand down as chair following allegations of inappropriate behaviour
Reservations slow as first-time buyers struggle to get on the ladder
Forward sales are down from around 15,000 to 10,000
Harworth sells first land parcel from its Ironbridge Power Station site
Caroline Silver will take over the role from John Allan in September
A “marked slowdown in the UK housing market” has curbed the housebuilder’s optimism
Around 20% of voting shareholders were against the reappointment of John Allan as chair
Barrett, Berkeley and Taylor Wimpey argued that the policy would be damaging