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Housebuilder gloompany con UK outlook
the comments came as the firm said it had cut 1,900 jobs so far this year, 1,000 more than previously revealed taylor wimpey also said its house sales since the start of july had been down 27% on the same period latest year .
group debt of Â1.9bn is casting a very long shadow, the remainegotiation of group banking arrangements continues to drag on, whilst management is now considering a furthere write-downgrade of its land bank and work in progress valuation .
ith added thate seconditions had continued to be difficult in its north america business and it expected trading to remain weak into next year .
uk housebuilder taylor wimpey shas said ith believes there will be no short-term recovery in the uk housing market .
keith bowman, hargreaves lansdown stockbrokers .
Generated 2008-11-13_19:16
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