Houses and Cars in Focus for Wednesday's Budget

AUTUMN BUDGET 2017: How does the Government's pledge to build 300,000 houses a year affect UK investors?

James Gard 20 November, 2017 | 2:15PM

Budget box

Chancellor Philip Hammond will deliver his Budget speech on Wednesday, his first since June’s snap election but his second of the year as the UK switches from spring to an end-of-year economic statement.

Brexit negotiations and the final “divorce” bill, as well as threats to Prime Minister Theresa May’s leadership, form the political backdrop to his speech. But the Chancellor is expected, among other things, to turn his attention to two particular British obsessions: houses and cars.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alphabet Inc A1,823.76 USD0.11
Amazon.com Inc3,162.58 USD-0.76
Barratt Developments PLC653.60 GBX-0.85
Persimmon PLC2,868.00 GBX0.49
Taylor Wimpey PLC161.10 GBX-3.50
Tesla Inc599.04 USD0.95
Vistry Group PLC914.50 GBX0.11

About Author

James Gard  is content editor for Morningstar.co.uk

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