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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Berkeley reveals mini-Budget sales slump, Santander fined £107.7m

Housebuilder Berkeley today revealed a 25% fall in the value of underlying sales in the five weeks after the mini-budget.

The brownfield regeneration specialist, which generates the bulk of its earnings in London, also reported a 2% fall in profits to £284.8 million in the six months to 31 October but has stuck by previous full-year guidance of approximately £600 million.

Meanwhile, the Financial Conduct Authority said it had fined Santander UK £107.7 million for repeated anti-money laundering failures between 2013 and 2017.

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