Debt Poised to Fall at Taylor Wimpey

Summary


INVESTORS will be watching builder Taylor Wimpey for any signs of an impact on its business from the cooling property market when it reports first-half results this week.

Nationwide's housing index showed a 0.5 per cent slip in house prices last month, the first fall since February, while the Bank of England said mortgage approvals dropped close to recession levels in June.

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Extract


Debt Poised to Fall at Taylor Wimpey

After Taylor Wimpey flagged u...

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