U.K. Housebuilders, Banks Rise on Lower Inflation, Interest Rate Cut Hopes -- Market Talk

Dow Jones

Jan 15, 2025

1447 GMT - Banks and housebuilders are leading the FTSE 100 index risers after better than expected inflation data, boosting chances that the Bank of England will cut interest rates. Consumer prices were 2.5% higher in December than a year earlier, down from 2.6% in November, according to official figures. Potentially lower interest rates will bring mortgage rates down, making it more affordable for people to get on the housing ladder, AJ Bell investment director Russ Mould writes. He adds that banking shares have also jumped on the prospect of more demand in the mortgage market. Lloyds Banking Group shares are up 5.6% and Barclays shares are up 5.0%, while housebuilders Persimmon, Taylor Wimpey and Barratt Redrow shares are up 5.25%, 4.7% and 4.2%, respectively. (ian.walker@wsj.com.)

(END) Dow Jones Newswires

January 15, 2025 09:48 ET (14:48 GMT)

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Consumer prices were 2.5% higher in December than a year earlier, down from 2.6% in November, according to official figures. Potentially lower interest rates will bring mortgage rates down, making it more affordable for people to get on the housing ladder, AJ Bell investment director Russ Mould writes. He adds that banking shares have also jumped on the prospect of more demand in the mortgage market. Lloyds Banking Group shares are up 5.6% and Barclays shares are up 5.0%, while housebuilders Persimmon, Taylor Wimpey and Barratt Redrow shares are up 5.25%, 4.7% and 4.2%, respectively. (ian.walker@wsj.com.) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 15, 2025 09:48 ET (14:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Housebuilders, Banks Rise on Lower Inflation, Interest Rate Cut Hopes -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Housebuilders, Banks Rise on Lower Inflation, Interest Rate Cut Hopes -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-15 22:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1447 GMT - Banks and housebuilders are leading the FTSE 100 index risers after better than expected inflation data, boosting chances that the Bank of England will cut interest rates. Consumer prices were 2.5% higher in December than a year earlier, down from 2.6% in November, according to official figures. Potentially lower interest rates will bring mortgage rates down, making it more affordable for people to get on the housing ladder, AJ Bell investment director Russ Mould writes. He adds that banking shares have also jumped on the prospect of more demand in the mortgage market. Lloyds Banking Group shares are up 5.6% and Barclays shares are up 5.0%, while housebuilders Persimmon, Taylor Wimpey and Barratt Redrow shares are up 5.25%, 4.7% and 4.2%, respectively. (ian.walker@wsj.com.) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 15, 2025 09:48 ET (14:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTDPY","symbol_name":"BARRATT REDROW PLC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503647034","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503647034","pubTimestamp":1736952480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1447 GMT - Banks and housebuilders are leading the FTSE 100 index risers after better than expected inflation data, boosting chances that the Bank of England will cut interest rates. Consumer prices were 2.5% higher in December than a year earlier, down from 2.6% in November, according to official figures. Potentially lower interest rates will bring mortgage rates down, making it more affordable for people to get on the housing ladder, AJ Bell investment director Russ Mould writes. He adds that banking shares have also jumped on the prospect of more demand in the mortgage market. Lloyds Banking Group shares are up 5.6% and Barclays shares are up 5.0%, while housebuilders Persimmon, Taylor Wimpey and Barratt Redrow shares are up 5.25%, 4.7% and 4.2%, respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTDPY":"BARRATT REDROW PLC","BK4521":"英国银行股","BCS":"巴克莱银行","BK4207":"综合性银行","TWODY":"Taylor Wimpey Plc","BK4088":"住宅建筑","LYG":"劳埃德"},"translate_title":"英国房屋建筑商、银行因通胀下降和降息希望而上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCS":0.9,"BTDPY":0.9,"TWODY":0.9,"LYG":0.9},"content_text":"1447 GMT - Banks and housebuilders are leading the FTSE 100 index risers after better than expected inflation data, boosting chances that the Bank of England will cut interest rates. Consumer prices were 2.5% higher in December than a year earlier, down from 2.6% in November, according to official figures. Potentially lower interest rates will bring mortgage rates down, making it more affordable for people to get on the housing ladder, AJ Bell investment director Russ Mould writes. He adds that banking shares have also jumped on the prospect of more demand in the mortgage market. Lloyds Banking Group shares are up 5.6% and Barclays shares are up 5.0%, while housebuilders Persimmon, Taylor Wimpey and Barratt Redrow shares are up 5.25%, 4.7% and 4.2%, respectively. (ian.walker@wsj.com.) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 15, 2025 09:48 ET (14:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}