Taylor Wimpey fire safety work costs soar to £333m

Taylor Wimpey has been forced to increase provisions for expected fire safety work after an escalation in costs on recent tenders.
The house builder had previously set aside £245m to cover the full fire safety remediation of its building portfolio. But this morning Taylor Wimpey said the expected cost had now soared by over a third.
In a statement alongside lacklustre results for the first six months of the year, chief executive Jennie Daly said: “We have reassessed the remediation c