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UK homebuilder Taylor Wimpey posts $2.6B loss - Miami HeraldLONDON Taylor Wimpey PLC, Britain's largest homebuilder by volume, reported a $2.6 billion loss for the first half of the year on Wednesday, reflecting a nearly $2.8 billion write-down in the value of its assets. The company lost 1.42 billion pounds ...
UPDATE 2-Taylor Wimpey slumps, no deal yet with banks - ReutersLONDON, Aug 27 (Reuters) - Britain's biggest housebuilder, Taylor Wimpey (TW.L: Quote , Profile , Research , Stock Buzz ), slumped to a 1.54 billion pound ($2.84 billion) half-year pretax loss as the market for homes dried up and said it has yet to ...
Taylor Wimpey hit by massive loss - BBC NewsHousebuilder Taylor Wimpey has reported a huge loss for the past six months after having to sharply reduce the value of its assets including land. The firm slumped to a loss of £1.54bn in the six months to 30 June, saying it faced "very challenging ...
Taylor Wimpey Has 1.42 Billion-Pound Loss, Debt Woes (Update1) - BloombergAug. 27 (Bloomberg) -- Taylor Wimpey Plc , the U.K.'s largest homebuilder, had a first-half loss of 1.42 billion pounds ($2.62 billion) after writing down the value of land and said it remains in talks with lenders to avoid breaching loan terms ...
Taylor Wimpey Has 1.42 Billion-Pound Loss as Debt Breach Nears - BloombergAug. 27 (Bloomberg) -- Taylor Wimpey Plc , the U.K.'s largest homebuilder, had a first-half loss of 1.42 billion pounds ($2.62 billion) after writing down the value of land and said it remains in talks with lenders to avoid breaching loan terms ...
Taylor Wimpey slumps, no deal yet with banks - ForbesLONDON, Aug 27 (Reuters) - Britain's biggest housebuilder, Taylor Wimpey, slumped to a 1.54 billion pound ($2.84 billion) half-year pretax loss as the market for homes dried up and said it has yet to agree a crucial loan deal with its banks. The loss ...
Tempus analysis: Taylor Wimpey fastens its storm shutters - Times OnlineAll is not well in the Taylor Wimpey household. The woes of the UK property market, to which the new homes builder is so obviously exposed, are well chronicled. Only yesterday, figures from the British Bankers Association showed a continuing slump in ...
RBS ... Taylor Wimpey ... GfK: Tempus at lunchtime - Times OnlineThe shake-up in the RBS boardroom ticks several boxes. It certainly beefs up the banking experience of the non-executive contingent. Stephen Hester brings investment banking nouse, plus experience of clearing out the Augean stables at Abbey. John ...
Housebuilder's profits drop by 96% - Haringey IndependentThe UK's biggest housebuilder has racked up half-year losses of £1.54 billion after market turmoil caused it to slash the value of its land bank. Taylor Wimpey reported the deficit for the six months to June 30 after writing off £586 million from ...
Sales at Taylor Wimpey sites slump to half a house a week - Times OnlineTaylor Wimpey is selling less than half a house a week on each of its sites despite offering incentives with its new homes, it emerged yesterday. The embattled housebuilder, which is in crunch talks with its bankers, is having to pay home buyers ...
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