British homebuilders index climbs on government's planning reforms

Bellway

14/10/2025 11:24

Oct 14 (Reuters) - ** British homebuilders index .FTNMX402020 gains 2% as government announces planning system reforms to accelerate housing construction

** UK government unveils changes to Planning and Infrastructure Bill aimed at streamlining approval process for major housing projects, helping meet its target of building 1.5 million homes by 2029

** Bellway BWY.L up 5%, top of sub-index; Persimmon PSN.L , Berkeley BKGH.L and Vistry VTYV.L up between 1% and 1.9%

** PSN and BWY among top gainers on FTSE 100 .FTSE and FTSE mid cap  .FTMC indices, respectively

** YTD, sub-index down about 4%, while FTSE and FTMC are up 15.3% and 7%, respectively

 (Reporting by DhanushVignesh Babu in Bengaluru)

 ((DhanushVignesh.Babu@thomsonreuters.com))