LONDON, June 13 Shares in Britain's house
builders, including Barratt Developments and Persimmon
slipped on Friday after finance minister George Osborne
said he would give the Bank of England stronger powers to curb
British house prices have risen by 11 percent over the last
year, benefiting house builders but leading to concerns that a
bubble could develop. Bank of England Governor Mark Carney said
at the same dinner on Thursday evening that interest rates could
rise sooner than expected.
Shares in the listed house builders, which also include
Bovis Homes Group, Taylor Wimpey and Berkeley
Group, were down between 2 and 4 percent.
(Reporting by Paul Sandle; editing by Kate Holton)