Taylor Wimpey leads way in share price surge

Shares prices of housebuilders have shot ahead following the government’s all-night radical plan to breathe stability into the current financial mayhem.

By mid-day shares had climbed strongly from their values when the Stock Exchange opened at 7am, with housebuilders amongst the gainers. The big names were:

• + 27% Taylor Wimpey
• +16% Bovis Homes
• + 12% Persimmon
• +11% Barratt

There has been less impact amongst construction groups:

• +4% Balfour Beatty
• +3% Keller
• No change Galliford Try