OneSavings Bank Plc (OSBO.L) has warned of the potential
impact of a hard Brexit on the UK housing market over the next year,
overshadowing largely upbeat results and sending its shares lower. First half
results showed its net loan book grew 11 percent to 8.1 billion pounds and the
company said it now expected growth in the “high-teens” percent versus a
previous forecast in the “mid-teens”. However, OneSavings’ shares fell almost 3
percent with markets focusing on the company’s warning about the potential
effect of Britain’s exit from the European Union. Chief Executive Andy Golding
told Reuters “If you look at the overall buy-to-let market, it is definitely
shrinking.” Read more on the Reuters website.
The Guardian view on unhealthy Britain: from housing to junk food, there
are solutions | Editorial
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People are living with sickness or disability younger than a decade ago.
That should shock the country and prompt action
The two-year decline in healthy ...
2 hours ago
