Taylor Wimpey swings to first-half loss and cuts dividend
Profit impacted by charges Interim dividend lowered Shares near two-year low Shares in Taylor Wimpey (TW.) fell 5p or 5% to 102p, close to a two-year low, after the housebuilder posted disappointing half-year results. Pre-tax earnings swung to a £92 million loss from a profit of almost £100 million last year due to a series of one-off costs for fire cladding provisions, a...