Another remarkable result for Berkeley Group, which tops its sector again - by a clear 13 points - and takes second place in BMAC overall. The London-focused builder of smart flats and executive homes reported a
26% jump in profits to £270.7m as house prices surged in the south-east, and earlier this year paid its first dividend since the financial crisis. It also picks up the quality of management award. In second place, Persimmon reported a 40% rise in first-half pre-tax profits, boosted by the government's Help to Buy Scheme. Third-placed Crest launched London's first stock market float of the year. Shares were in strong demand, raising £225m. However, housebuilders are wary of an early interest rate rise, which could yet dent the housing market.