Taylor Wimpy: Housing Uncertainty Weighs on Outlook

2 months ago

Chloe Mle

"uncertainties about the budget tied with the housing market hitting Taylor Wimpy in the UK. >> Yeah. Quite quite badly and also dragging down the rest of the the house building sector this morning. So Taylor Wimpy, which is one of the biggest house builders in the UK, said that the uncertainty around all of the potential tax changes uh that we're going to get in the budget later this month was really hurting that UK housing market and hurting sales. It had already downgraded its guidance earlier in the year and we have seen profit warnings across the sector."

Taylor Wimpy is facing significant headwinds as uncertainty over impending tax changes is hurting the UK housing market. With downgraded guidance and profit warnings already in place, the current sentiment is notably negative for the stock and the broader house building sector.

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