If you’d invested in: Persimmon and Centrica

Persimmon is the UK’s second-largest housebuilder. In November, it said the total sales rate per site for the third quarter was in line with the same period last year.

If only...

871_Good-634

Persimmon (LSE: PSN) is the UK's second-largest housebuilder. In November, it said the total sales rate per site for the third quarter was in line with the same period last year, although it reported £909m of forward sales reserved beyond 2017, an increase of 10% on the same period last year.

The government's help-to-buy equity loan scheme, which allows people to buy newly built homes with deposits of only 5%, has been used in more than half of the firm's sales.

Be glad you didn't

871_Bad-634

Centrica (LSE: CNA) provides energy for homes and businesses. Its shares have fallen by 57% over the past four years. In October, it announced a restructuring the management plans to reallocate £1.5bn of resources from asset businesses to customer-facing businesses by 2020. In November, it also acquired REstore, a firm that manages electricity demand for heavy energy users, for £62m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up

Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.