Taylor Wimpey has announced the departure of its finance director, Peter Johnson, after failing to secure capital from shareholders and potential new investors. The company has now admitted that it could breach banking covenants unless the housing markert recovers. More »
Taylor Wimpey, the UK’s largest housebuilder, highlighted the plight facing much of the housing market at the moment, after announcing a profit shortfall. They also forecasted a negative outlook for the rest of 2008. More »
