Taylor Wimpey Downgrades Profit Guidance on Defective Project

Taylor Wimpey cuts profit forecast after £20m remediation work

Taylor Wimpey cut its annual operating profit forecast on Wednesday after taking a £20million hit from rectifying safety concerns at one its London developments.

Taylor Wimpey Downgrades Profit Guidance on Defective Project

More than eight-years on from the tragic Grenfell fire that claimed 72-lives, the UK’s home builders are still grappling with the long fall out from clearing up years of unsafe building practices.

Taylor Wimpey the latest housebuilder to put supply chain on ...

Defects discovered in past few months relate to cavity barriers behind brickwork and render