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Taylor Wimpey expects bigger profits after stamp duty holiday

Housebuilder helped by recovery in UK property market since Covid outbreak * Coronavirus – latest updates * See all our coronavirus coverage The rapid recovery in the UK housing market since the Covid-19 outbreak, fuelled by the government’s stamp duty cut and help-to-buy scheme, has boosted profit expectations at Taylor Wimpey, Britain’s third-biggest housebuilder. Unlike during the first national lockdown in the spring, when most construction sites around the country shut for several weeks, the construction sector has been encouraged to keep going during the November lockdown in England. Continue reading...

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