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
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.
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.
American Express introduces 'Plan It' payment instalment option
News Amex users can now split parts of their credit bill into further instalments. Is it worth it?
By Marc Shoffman Published
Three fund ideas for your stocks and shares ISA
If you have yet to maximise this year’s £20,000 ISA allowance, here are some funds worth considering.
By Katie Williams Published
Persimmon yields 13.8%, but can you trust it to deliver?
Tips With a dividend yield of 13.8%, Persimmon looks like a highly attractive prospect for income investors. But that sort of yield can also indicate a company in distress. Rupert Hargreaves looks at the numbers to find out if it's sustainable.
By Rupert Hargreaves Published
Despite surging profits investors should avoid Centrica shares
Tips Profits in the energy sector are booming but Centrica shares are struggling. Rupert Hargreaves explains why he’d avoid the stock.
By Rupert Hargreaves Last updated
Centrica: the only way is up
News Centrica's share price has fallen by nearly 90% over the past few years. New finance director Chris O’Shea will hope to reverse that.
By Dr Matthew Partridge Published
Will Centrica slash dividends?
Features Finances are tight and payouts are under threat. The gas supplier’s new boss faces some tricky decisions, says Alice Gråhns.
By Alice Gråhns Published
Is it time to buy Centrica for its huge dividend?
Features Shares in Centrica, owner of British Gas, come with a dividend yield of 8% after the share price fell dramatically last week. So should you buy in?
By John Stepek Published
Should you buy housebuilders?
Features House builders have seen their shares hammered since the Brexit vote. Is there further to fall – or is this a buying opportunity? Sarah Moore investigates.
By Sarah Moore Published
FTSE 100 ahead as eurozone succumbs to deflation
Market Reports Falling prices in the eurozone have heaped yet more pressure on central bank boss Mario Draghi to turn on the money taps.
By Kam Patel Published
Shares in focus: Centrica’s comeback trail
Features Utility company Centrica has had a rough ride. But with the shares offering a decent dividend yield, should you still buy in? Phil Oakley investigates.
By Phil Oakley Published