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Evening Standard
Evening Standard
Anna Wise

Taylor Wimpey cautions over rising construction costs amid ‘uncertain’ market

House builder Taylor Wimpey has cautioned over pressure on construction costs this year (Taylor Wimpey/PA) - (PA Media)

Housebuilder Taylor Wimpey has cautioned over pressure on construction costs this year as suppliers mitigate the impact of Budget tax changes and uncertain economic conditions.

The developer nonetheless said it was beginning 2025 on stronger footing thanks to an uptick in sales over the second half of last year.

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