If only you’d invested in: Bellway
Bellway is a major house builder in the UK. Over the year to July the firm’s pre-tax profits rose 12.6% to £561m while revenues were up around 14% to £2.6bn.
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Bellway (LSE: BWY) is a major house builder in the UK. Over the year to July the firm's pre-tax profits rose 12.6% to £561m while revenues were up around 14% to £2.6bn.
During the same period it also reported a 10.6% increase in the number of houses sold, as strong demand, low interest rates and government assistance for new buyers boosted sales. Meanwhile, the average selling price of its private houses rose by 3% to just over £260,000.
Be glad you didn't
Go-Ahead Group (LSE: GOG) provides bus and rail passenger services in the UK and Singapore. In the four months to October it saw a fall in passenger journeys due to delays, cancellations and strikes. It reported a slowdown in passenger revenue growth on its Southeastern train service.
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However, its Govia Thameslink Railway (GTR) franchise is on track to be profitable over the full course of the contract, which runs until 2021.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
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.
Alice is now Consumer Editor at The Sun and covers everything from energy bills to Social Security.
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