Housebuilder share prices fall ahead of crunch interest rate call

2022-11-03T09:46:00

Bank of England expected to raise base rate to 14-year high of 3% today

Shares in housebuilders have dipped ahead of a crunch Bank of England decision on interest rates expected at noon today.

Persimmon’s share price fell by as much as 2% on opening before recovering slightly, with the UK’s three largest builders, Barratt, Persimmon and Taylor Wimpey, all trading between 1.3% and 1.5% down on their closing price.

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