Barratt Developments has reported a rise in half-year sales and profits as it continues to shrug off Brexit pressures hitting the wider property market. Barratt Developments has reported a rise in half-year sales and profits as it continues to shrug off Brexit pressures hitting the wider property market. Total forward sales were up 7.3% at £3 billion and the outlook for the full year remains in line with expectations. However, despite the wider economic uncertainty that Brexit is bringing, Barratt insisted it is in a strong position. Newcastle-based Bellway flagged worries over the threat of a Brexit hit to spring’s busy selling season.

Source: Irish Independent February 06, 2019 07:41 UTC