If only...
Berkeley Group (LSE: BKG) is a residential and commercial property developer based in the UK. This month, it reported that it was on track to deliver pre-tax profits of £3bn over the five years ending in April 2021, with profits this year similar to the previous financial year of £812.4m. Meanwhile, the number of new construction starts in London, Berkeley's key market, has decreased 30% compared with 2015 amid Brexit uncertainty.
Be glad you didn't
AA (LSE: AA) provides automobile insurance and breakdown coverage as well as financial services. Last month saw £200m wiped off AA's value as executive chairman Bob Mackenzie was sacked for gross misconduct. It also lowered its full-year forecasts and said performance in the first half of the financial year had been hit. Last week, ongoing plans to merge its insurance business with Hastings were called off.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
