Berkeley reports amid mounting signs of London property market woes

Half-year results from housebuilder Berkeley will be in the spotlight this week amid further signs of a slowdown in the London property market and in light of the Budget stamp duty give-away.

The group, which is focused on London and the South East, will be eyed closely for its views on falling demand for high-end homes in the capital, as well as any early signs of a boost from the move to scrap stamp duty for first-time buyers on the first £300,000 (€340,000) of properties worth up to £500,000 (€566,000).