Taylor Wimpey seeks funds as financial tremors shake UK residential firms

By A staff reporter 2008-07-01T00:00:00

Taylor Wimpey, the UK's largest home builder by construction volume, said on Monday that it is taking a £550mln (EUR 695mln) writedown on its property land bank and development programme in the UK. The company is also writing down a further EUR 88.4mln in the US and EUR 50.5mln in ...

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