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Evening Standard
Evening Standard
Business
Jonathan Prynn

Strong Taylor Wimpey update lifts the gloom

Taylor Wimpey helped lift the gloom over the housebuilding sector today with a stronger than expected trading update that sent its shares higher and raised hopes that the industry may have seen out the worst of the downturn.

The developer’s CEO Jennie Daly said it was delivering “a resilient performance in what continues to be a challenging market”.

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