0951 GMT - Shares in U.K. house builders fall after major sector players shared a pessimistic outlook for the year ahead. Barratt Redrow said margins remained under pressure despite some signs of market stabilization, while Persimmon and Taylor Wimpey said they didn't expect improvements in operational conditions for the remainder of the year. Analysts at RBC Capital Markets said that although the U.K. government had addressed social and affordable housing funding there is still was a disconnect between outlined plans for funding affordable housing and on-the-ground conditions. Crest Nicholson shares are down 3%, Barratt Redrow falls 2.23% and Persimmon and Taylor Wimpey decline 1.4%. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
February 13, 2026 04:52 ET (09:52 GMT)
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