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Barratt Hints at Glimmer of Hope for UK Housing: The London Rush

A construction worker at a Barratt Homes development in Croydon, UK.

A construction worker at a Barratt Homes development in Croydon, UK.

Photographer: Chris Ratcliffe/Bloomberg

Barratt Development’s cautiously optimistic statement this morning, coupled with Halifax’s flatlining house price data yesterday could give cause for thinking the doom and gloom around the housing sector might be over-egged. It is worth remember that January usually is a busy month for the housing market, in other words, don't get too excited.

Here’s the key business news from London this morning: