Taylor Wimpey has increased its annual turnover by 53.6%.

The housebuilding giant revealed its turnover for the year to 31 December 2021 was £4.28bn, bringing it back to roughly pre-pandemic levels after a fall to £2.8bn in 2020.

Taylor Wimpey’s pre-tax profit increased 157% to £679.6m, but remains some way off the £835.9m recorded in 2019.