Barratt Redrow holds its ground amid market strains
Britain's largest housebuilder, Barratt Redrow, has fallen short of its home completion target for the 2025 fiscal year, blaming renewed concerns over affordability that continue to dampen private buyer interest. The group, formed from the merger of Barratt Developments and Redrow, saw its shares tumble more than 11% on Tuesday, reaching their lowest level since October 2022 and dragging down the broader housing index by 4.7%.