Taylor Wimpey has reported a 21% fall in revenue and a 29% drop in pre-tax profit as rising interest rates knocked the housing market. In a trading update issued today, the housebuilder revealed revenue in the six months to 2 July 2023 fell to £1.64 billion from £2.08bn the yea
Taylor Wimpey
In light of the ongoing house buying market uncertainty, Taylor Wimpey has proposed a series of changes that it hopes will save £20 million in annual costs. A trading update issued ahead of its full year results for the year ended 31 December 2022 revealed the housebuilder has started a c
Housebuilder Taylor Wimpey said it expects to deliver an operating profit of £820 million after the housebuilder posted a record first half performance and strong operating profit margin. Group completions of 7,303 homes (H1 2020: 2,771) excluding joint ventures, completed a record first half
Housebuilder Taylor Wimpey has raised £522 million from investors as it seeks to take advantage of a lockdown-related easing of market competition for development land.
Housebuilder Taylor Wimpey is to make advance payments to self-employed subcontractors under a new scheme aimed to help workers forced to stay home by the coronavirus lockdown. The company has allocated £5 million to its ‘Pay It Forward’ scheme which will pay out £600 a month