LONDON (Reuters) - Shares in UK housebuilders jumped on Friday after a report that the leading contender to replace British Prime Minister Theresa May is preparing an emergency budget for a no-deal Brexit, which includes overhaul of stamp duty and aggressive tax cuts.
Taylor Wimpey (L:TW), Berkeley Group (L:BKGH), Persimmon (L:PSN) and Barratt Developments (L:BDEV) were all up between 2.1% to 3.3% and were the top performers on the UK blue-chip index FTSE 100 (FTSE).
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Boris Johnson's team wants a series of measures to ensure that the economy is "going gangbusters" by Oct. 31, according to The Times.