REPORT: UK Housebuilding Sector 2Q 2018; and beyond (the World Cup)

Hardman & Co

Video Assistant Referee (VAR):

Hardman & Co Report Report DownloadsThis VAR was conceived in 2010 by the Royal Netherlands Football Association (KNVB) but it was seven years later, in April 2017, that it had its professional club competition debut in the A-League in Australia in a match between Melbourne and Adelaide.

About the same time, at the beginning of the 2017-18 season, it was introduced to top-flight European football by the Bundesliga and Serie A; and, in the UK, in a third-round FA Cup game in January 2018 (between Brighton and Crystal Palace).

In March of this year, the International Football Association Board (IFAB) wrote VAR into the Laws of the Game; albeit its use remains optional for competitions (for example, it is not likely to be used in the English Premier League next season). Thereafter, FIFA officially approved the use of VAR for the 2018 FIFA World Cup in March and the first World Cup penalty awarded – after consultation with a VAR –occurred in France’s 2-1 win against Australia on 16 June.

But it has not had an easy birth and it is accused of “creating as much confusion as clarity” and of interrupting the flow of ‘the beautiful game’. It was the same in rugby union, when the Television Match Official, or TMO, was introduced. Pandemonium at first and now we can’t live without it.

Isn’t it better to have (as near as damn it) confirmation rather than doubt and debate? And FIFA says VAR scores 99.3% accuracy against 95.0% for a human.

It is the same in the UK Housebuilding Sector, where share prices have clearly been adjudicated by a more empyreal VAR…

Share on:
Find more news, interviews, share price & company profile here for:

    CMC Markets plc software stack, scale-up potential and cash generation excites Gervais Williams (LON:CMCX)

    Gervais Williams, Co-Fund Manager of Diverse Income Trust, highlighted CMC Markets plc’s strong technology platform, risk management, and ability to secure major clients such as Westpac in an interview with DirectorsTalk.

    Fund manager interview on Diversified Energy – US gas, fantastic yield and growing US base (LON:DEC)

    Gervais Williams, Co-Fund Manager of The Diverse Income Trust plc, highlighted Diversified Energy Company plc’s strong cash flow, high dividend yield, and growing US investor base in an interview with DirectorsTalk.

    Diverse Income Trust declares first interim dividend for FY2026

    Diverse Income Trust has declared a first interim dividend of 1.05p per ordinary share for the financial year ending 31 May 2026, up from 1.00p in 2025.

    Nuformix appoints Kreston Reeves Audit as new auditor

    Nuformix has appointed Kreston Reeves Audit LLP as its new auditor following the restructuring of Kreston Reeves LLP.

    Aptamer Group to announce full year 2025 results on 14 October

    Aptamer Group will publish results for the year ended 30 June 2025 on Tuesday, 14 October 2025, with an online analyst briefing at 9.30 am hosted by CEO Dr Arron Tolley and CFO Andrew Rapson. .

      Search

      Search