Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Firm closes Oxfordshire business and says completions could drop by more than a third
Housebuilder Taylor Wimpey is set to reduce the number of homes it builds this year by a third as the “weaker economic backdrop” hits sales of its houses.
Announcing full year results for 2022, the firm said it currently expected its housing output to fall to between 9,000-10,500 homes in 2023, down from the 14,154 produced last year.
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