Contractors and housebuilders see share prices jump

By Hamish Champ2019-12-13T11:54:00

Investors respond to Tory election triumph by buying big

Shares in listed housebuilders rocketed this morning following Boris Johnson’s comprehensive general election victory.

The Conservatives made it a manifesto promise to build a million new homes over the next five years although, at 200,000 homes a year, this was less than the last administration’s plan for 300,000 new homes annually by the mid-2020s.

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