British homebuilder Berkeley warns of subdued market ahead of UK budget
11/09/2026 07:08
British homebuilder Berkeley warns of subdued market ahead of UK budget Sept 11 (Reuters) - British homebuilder Berkeley Group BKGH.L said on Friday that buyer sentiment remained subdued, with some customers likely to defer transactions until after the UK's October budget.
The company said it continues to operate within its four-year £1.4 billion ($1.89 billion) pre-tax profit plan, with profits expected to be slightly weighted towards the first half of the current financial year.
($1 = 0.7398 pounds)
(Reporting by Simone Lobo in Bengaluru; Editing by Janane Venkatraman)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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