Barratt Redrow share price rebounds on buyback update as UK rate-cut bets shift again
Barratt Redrow shares rose 2.4% to 383 pence in early London trading Tuesday after the company bought back 140,000 shares for cancellation under its £50 million programme. The move follows recent volatility tied to UK housing data and broker downgrades. Traders are watching UK inflation data due Wednesday for signals on Bank of England interest rates.