Trading updates from housebuilders Bellway (LON:BWY) and MJ Gleeson (LON:GLE) did little to dispel the gloom surrounding the sector. Bellway maintained its guidance but saw a fall in reservations and its forward order book while Gleeson lowered its FY outlook. ‘Uncertain’ outlook Newcastle upon Tyne-based Bellway said it had performed ‘robustly’ year to date and … Continue reading Housebuilder updates fail to lift sector gloom