Taylor Wimpey warns home completions to fall by a third

Taylor Wimpey has joined Persimmon in warning that housing completion this year are set to fall dramatically as it aligns build programmes with sales rates against a challenging planning backdrop.
Reporting strong results for 2022, the number two ranked house builder said that home completions could fall by as much as a third in 2023.
Chief executive Jennie Daly said that while there had been some signs of a recent uptick in sales, rates were running at 0.62 per outlet per week down from 1.02 a