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Before the fall, they mustered a last rally???

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Shares in Redrow rose 3.6% after the housebuilder reported record results for the fourth year in a row.

Pre-tax profits for the year to 30 June jumped 26% to £315m at the FTSE 250 firm, with revenues up 20% at £1.66bn.

Chief executive John Tutte called the results "exceptional" given "an uncertain political and economic backdrop as a result of Brexit" and an industry-wide skills shortage.

The government's Help to Buy scheme has been a big boost for housebuilders.



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  • 297 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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