How does BRBY make money?
In the immediate aftermath of the 2016 EU referendum, Persimmon’s share price—along with those of other UK housebuilders—suffered a significant decline, falling by nearly 40% as investors panicked over the potential economic impact. However, the sector later recovered as the Bank of England cut interest rates and the government introduced stimulus packages, which supported mortgage affordability and sustained housing demand, proving that investor concerns were largely over-cautious.
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