Housebuilder Taylor Wimpey has reported interim profit up 16.3% on 2021 despite a dip in turnover, and said it now expects year end results to be at the top end of expectations.

Reporting results for the six months to July 3, the firm, now steered by new chief executive Jennie Daly, announced pre-tax profit of £335m, up from £288m, on revenue of £2.08bn, down 5.4%.