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Evening Standard
Evening Standard
Business
Michael Hunter

Taylor Wimpey to build a third fewer homes

Taylor Wimpey said the number of homes it completes this year will fall by around a third, as conditions for first time buyers remain challenging after the mini-Budget.

While there are signs that demand is continuing to recover, the FTSE 100 developer now expects to complete between 9,000 and 10,500 homes in 2023, down from 14,000 in 2022.

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