UK to Abolish Holiday Home Tax Breaks to Tackle Housing Shortage [BNN Bloomberg (Canada)]
PERSIMMON PLC UNSP/ADR (PSMMY)
NASDAQ:AMEX Investor Relations:
persimmonhomes.com/corporate/investors
Company Research
Source: BNN Bloomberg
to sell as residents in the country's tourist hot spots struggle to buy their own properties. Hunt delivered a range of pledges at the House of Commons on Wednesday, including scrapping the furnished holiday lettings regime that gave tax breaks to people renting second homes out on a short-term basis. The chancellor also pledged to reduce the higher rate of capital gains tax to 24% from 28% on residential sales in a bid to encourage existing holiday home owners to sell, freeing up more stock for local buyers. Read more: Britain's Chronic Housing Shortage Is About to Get Even Worse UK households are facing a stream of pressures — triggered by high interest rates, a cost-of-living squeeze and worsened by a housing shortage — which are pricing many out of homeownership. Meanwhile, the Conservative Party is bidding to claw back public support on housing, with the opposition Labour leading in the polls ahead of a general election expected this year, while shying away from radical mea
Show less
Read more
Impact Snapshot
Event Time:
PSMMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSMMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSMMY alerts
High impacting PERSIMMON PLC UNSP/ADR news events
Weekly update
A roundup of the hottest topics