Budget 2017: Stock Market Losers

Autumn Budget 2017: After chancellor Philip Hammond unveiled his Budget speech, we take a look at the stocks which are negatively impacted by his reforms

David Brenchley 22 November, 2017 | 4:03PM
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We round up the equity losers from Chancellor Philip Hammond's Autumn Budget 2017, with most of the slack being taken up by the housebuilders.

Housebuilders

The housing shortage that has plagued successive governments was addressed, with Hammond abolishing stamp duty land tax for first-time buyers and pledging an average of 300,000 new homes per year by the mid-2020s.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Barratt Developments PLC675.00 GBX1.23
Bellway PLC3,383.00 GBX1.93
British American Tobacco PLC2,599.50 GBX0.21Rating
easyJet PLC608.40 GBX-0.16Rating
Franklin UK Mid Cap A Inc  
Imperial Brands PLC1,582.50 GBX0.22Rating
Persimmon PLC2,737.00 GBX1.63
Ryanair Holdings PLC15.95 EUR-2.27Rating

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk