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Stock markets remain volatile amid slowdown fears; Deliveroo hits profit milestone – business live

Rolling coverage of the latest economic and financial news, as markets remain tense, and Deliveroo makes profit in first half of the year

UK housebuilder Persimmon is aiming to build more than 10,000 new houses this year.

Persimmon has reported that it’s on track to complete 10,500 houses this financial year, which is at the top end of its previous guidance.

Consumer confidence continues to improve leading to a strong pick up in enquiries and visitors, which will be further supported by the recent cut to the Bank of England base rate.

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