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Barratt Redrow revenue increases in ‘tough market’


By Dan McGrath

Barratt Redrow has seen its revenue increase by 33.8% to £5.58bn in the year to 29 June, after operating in what it described a "tough market".

The housebuilder also saw its profit before tax jump by 26.8% to £488.3m, while its profit before Redrow’s purchase price allocation totalled £591.6m, beating expectations


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Centrica agrees deal with US-based X-Energy to build nuclear reactors in UK

Centrica has announced a new joint development agreement with US firm, X-Energy, to deploy the group’s nuclear advanced modular reactors (AMRs) in the UK.

The pair have identified Hartlepool as the preferred first site for a planned UK fleet of up to six gigawatts

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Sainsbury’s talks over Argos sale to Chinese retailer collapse

Sainsbury’s has confirmed that its talks with Chinese retailer JD.com over the potential sale of Argos have collapsed

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AIM showing ‘strong signs of revival’ with £111.8m raised in first five months of 2025

London’s Alternative Investment Market (AIM) is showing strong signs of revival after two quieter years, with £111.8m raised in the first five months of 2025, UHY Hacker Young has highlighted

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PRS REIT agrees £646m proposed sale of property portfolio

PRS REIT has entered into non-binding terms for the sale of PRS Holdco to Waypoint for a cash consideration of £646.2m

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UK Bitcoin treasury company announces intention to float

A new UK-based Bitcoin treasury company, B HODL, has announced its intention to float on the AQSE Growth Market

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Aldi to invest £1.6bn in UK expansion over next two years

Aldi has committed to investing a record £1.6bn in the UK over the next two years, including plans to open 80 stores

Story 8

Ultra Electronics Pension Scheme secures £250m full scheme buy-in with Just Group

The Ultra Electronics Pension Scheme has completed a £250m full scheme buy-in with Just Group, securing the benefits of more than 1,750 members

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Trainline reports revenue growth as ticket sales steam ahead

Trainline has reported an 8% jump in total sales to £3.25bn on its platform in its first half results

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Unilever appoints permanent CFO

Unilever has announced the appointment of Srinivas Phatak as its new permanent chief financial officer (CFO)

Gateley announces CFO succession

Gateley has appointed John Paton as its new chief financial officer (CFO), after Neil Smith informed the board of his intention to step down from the role
Vistry profits shrink by more than half in H1

Vistry has reported significant declines in both profits and revenue in its first half results, citing a slowdown in demand
Fever-Tree’s revenue not dampened by UK slowdown

Fever-Tree has posted a year-on-year revenue jump of 2% at constant currency in its first half to reach £171m, despite a slowdown in its UK revenue


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