Scrutineer: Wimpey's Wary Recovery

The ScotsmanJuly 07, 2009

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Summary


TAYLOR Wimpey's latest trading update typifies the mixed messages currently coming from the housing industry.

The positive is that the most apocalyptic scenarios for the sector now seem less likely.

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Extract


Scrutineer: Wimpey's Wary Recovery

But, nevertheless, housebuilders are virtually unanimous in saying that the market is likely to remain subdued due to bleak economic prospects and surging unemployment.

Taylor Wimpey says it has seen more...

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