Taylor Wimpey Provision Shows Long Road to Fixing UK Fire Safety
Taylor Wimpey Plc has set aside £222 million ($297 million) to deal with the costs of repairing unsafe buildings, almost double its previous provision, according to a statement Wednesday. Coupled with a one off hit from a defective London project and a settlement relating to affording housing with the UK's competition watchdog, the provisions pushed the company to a £92 million loss in the first half of the year, reversing a £98 million profit a year earlier.
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Concern for Real Madrid as Arsenal transfer interest fades
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Yahoo
2 hours ago
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