Leasehold issue dents robust TW results

Aug. 1, 2017
Taylor Wimpey’s half year pre-tax profit fell 23.7% the firm said today (August 1), due to the housebuilder’s £130 million provision made to reform its leasehold policy. In April, the volume housebuilder announced that it would make a provision before tax of £130 million in its first half accounts following a review of its leasehold policy after controversy over the ...

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