Shares in housebuilder Bellway (BWY) slumped 9% to a new year-low of £19.50 after its H1 update failed to reassure investors. Although the CEO reaffirmed his FY26 profit target, he admitted the Middle East conflict represents a risk to the housing market. Risks are rising Bellway delivered ‘a robust H1 performance in a challenging market’, … Continue reading Bellway slumps to year-low on H1 update