We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Barratt join in with the leap in sales and profits
Graham_Devon
Posts: 58,560 Forumite
Thanks to Help to Buy...
http://www.bbc.co.uk/news/business-23251744
More proof that help to buy is simply lining the pockets of companies.Housebuilder Barratt Developments says its full year profits will be stronger than expected, with the government's Help to Buy scheme boosting sales.
It said its sales rate was up 17.9% in the second half of its financial year, and up 34.7% since the launch of Help to Buy in April.
Barratt said full year pre-tax profits would be about £192m, "ahead of the top end of analysts' expectations".
The firm is the latest in the industry to report a boost from Help to Buy.
http://www.bbc.co.uk/news/business-23251744
0
Comments
-
Graham_Devon wrote: »More proof that help to buy is simply lining the pockets of companies.
Shocker....It said its sales rate was up 17.9% in the second half of its financial year, and up 34.7% since the launch of Help to Buy in April.
Companies make more profits when they can build and sell more houses.
Whatever will you come up with next Graham....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Graham_Devon wrote: »Thanks to Help to Buy...
More proof that help to buy is simply lining the pockets of companies.
http://www.bbc.co.uk/news/business-23251744
Well I think that this is good thing, would you prefer them to make a loss and have to lay people off?Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »would you prefer them to make a loss and have to lay people off?
I think that would appeal more to his innate sense of doom rather than it being viewed as another piece of positive economic news.I am an IFA. Any comments made on this forum are provided for information only and should not be construed as advice. Should you need advice on a specific area then please consult a local IFA.0 -
Good. Of course they are going to build loads more houses now because the demand is exceeding the supply aren't they. :whistle:0
-
I think that would appeal more to his innate sense of doom rather than it being viewed as another piece of positive economic news.
Were you the J in a former life by any chance?0 -
shortchanged wrote: »Were you the J in a former life by any chance?
Oh no, here we go again.
I suggest you stick to the doom mongering, shorty. Your forum detective skills are just not that good.0 -
Mr._Pricklepants wrote: »Oh no, here we go again.
I suggest you stick to the doom mongering, shorty. Your forum detective skills are just not that good.
Why, know something we don't prickypants? 0 -
shortchanged wrote: »Were you the J in a former life by any chance?
Oh right, we're back to that level of "debate" again are we? But, just to be clear (as I explained to GD when he accused me of being someone else because of my "style" of quoting). I have never been on this board before under any other name.I am an IFA. Any comments made on this forum are provided for information only and should not be construed as advice. Should you need advice on a specific area then please consult a local IFA.0 -
Oh right, we're back to that level of "debate" again are we? But, just to be clear (as I explained to GD when he accused me of being someone else because of my "style" of quoting). I have never been on this board before under any other name.
That's alright then. Because the J was a very strange character and didn't do the reputation of IFA's any good.0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards