Berkeley shares soar

Berkeley’s shares surged 6.11% on Friday after the property developer forecast strong profits in a trading statement.

The firm said the London and the South East housing market had become “stablised” and enquiry levels remained “robust.”

Berkeley added it was “on target” to make at least £3bn in pre-tax profits over the five years to April 2021.

Meanwhile, the FTSE 100 inched up 0.12% to 7,424.96 points, taking to a record high for the second day in a row. 

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