And now it’s Barratt’s turn to post bad news

“Barratt said it built 7,180 homes in the six months to December 31, down 6% on the same period a year earlier reflecting a fall in completions in the capital.

A slowdown in London’s property market since the Brexit vote has seen Barratt Developments PLC (LON:BDEV) report a year-on-year drop in the number of homes it built in its first half.

Britain’s biggest housebuilder by volume said it built 7,180 homes in the six months to December 31, down 6% on the same period a year earlier reflecting a fall in completions in the capital.

The FTSE 100-listed firm’s disappointing update comes a fortnight after its FTSE 250-listed peer Bovis Homes PLC (LON:BVS) said that its new house sales this year will be lower than expected due to completions in December falling short.”

http://www.proactiveinvestors.co.uk/companies/news/171527/london-market-slow-down-sees-barratt-developments-post-drop-in-the-number-of-homes-built-171527.html