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The Latest Breaking News from Jennie Daly

Advertising giant WPP relegated from FTSE 100 after nearly 30 years

Market value of ad group that was once world’s largest plummets from about £24bn in 2017 to £3.1bn

The Guardian - UK

One of Britain’s biggest housebuilders urges government to support first-time buyers

Taylor Wimpey chief Jennie Daly calls for revival of help-to-buy equity loan scheme to revive property market

The Guardian - UK

Housebuilder Taylor Wimpey hit by sales fall amid budget uncertainty

Weekly average for number of private sales per site drops 11% in key autumn period as property tax rumours swirl

The Guardian - UK

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Taylor Wimpey slumps to loss on £222m fire safety hit

The housebuilder reported pre-tax losses of £92.1 million for the six months to June 29 against profits of £99.7 million a year earlier.

Evening Standard

Taylor Wimpey sees lower profit margins amid return of inflation

The house builder said it had seen ‘the return of a low level of build cost inflation’ in the opening months of this year.

Evening Standard

Taylor Wimpey CEO backs "ambitious" government house building targets as profit falls before interest rate cut

Jennie Daly stands by the FTSE 100 firm’s pledge to build 10,000 homes this year

Evening Standard

Taylor Wimpey points to signs of spring in the house market after 2023 slowdown

Profits fall and shares follow but the FTSE 100 developer stays upbeat

Evening Standard

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Taylor Wimpey starts 2024 with good levels of enquiries from home buyers

Taylor Wimpey has started January with good levels of buyers enquiries as it welcomed lenders lowering mortgage rates, in a boost for the housebuilding giant after a challenging period.

Evening Standard

Strong Taylor Wimpey update lifts the gloom

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

Evening Standard

Rising UK interest rates force homebuyers to take on longer mortgages

Builder Taylor Wimpey says Bank of England stance has weakened housing market

The Guardian - UK

Housebuilder Taylor Wimpey results “inevitably” impacted by soaring mortgage costs

Taylor Wimpey has seen soaring mortgage rates “inevitably” impact the first half, with the housebuilder recording a slide in profits and revenue tumbling by 21%.

Evening Standard

New female boss for Guinness giant Diageo

THE number of female bosses in the FTSE 100 is soon to hit double figures for the first time.

Evening Standard

Taylor Wimpey plans job cuts amid downturn in UK housing market

Building company aims to save £20m, but declines to say how many of its 5,000 workforce will be affected

The Guardian - UK

Taylor Wimpey to build a third fewer homes

Chancellor meets with housing industry figures as shockwaves from 2022 mini-Budget are still being felt

Evening Standard

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Evening Standard

Taylor Wimpey warns of further sales fall in 2023 as first-time buyers struggle

CEO tells The Standard house prices probably peaked in September before shockwaves from the ’infamous’ mini-Budget hit the market

Evening Standard

Two new women bosses at top UK companies as Pets at Home and Taylor Wimpey name new CEOs

Jennie Daly has been promoted to lead Taylor Wimpey, while Lyssa McGowan is leaving Sky to head up Pets at Home.

The Guardian - UK

Taylor Wimpey picks internal candidate as CEO in slight to activist investor

Company becomes first UK housebuilder to appoint female chief executive

The Guardian - UK

UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened

Rolling coverage of the latest economic and financial news

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