The proposed merger between housebuilders Barratt and Redrow has become effective, with the entire share capital now owned by Barratt, as announced by the builder on Wednesday...

Barratt has announced that it is to create Britain’s biggest housebuilder with the acquisition of Redrow for around £2.52 billion.

Despite completions rising by 6.9% during its half-year and revenue up an impressive 23.9%, the effects from the difficult end to last year have prompted volume housebuilder, Barratt,...