
Housebuilder Taylor Wimpey has lowered its annual earnings guidance after suffering a sales slowdown amid uncertainty ahead of last November’s budget.
The group saw shares fall as much as 6% in morning trading on Thursday after it said it now expects operating profit of around £420 million for 2025, which would be higher than the £416.2 million in 2024, but lower than the £424 million it guided for in November.