Taylor Woodrow warns of shrinking margins

By Angela Monaghan and Angela Monaghan Angela Monaghan2005-07-15T00:00:00

Taylor Woodrow was this week the latest housebuilder to warn the market that margins within its UK housing business were under pressure, writes Angela Monaghan.Ahead of its half-year results, to be announced in September, Taylor Woodrow said UK operating margins had dropped 2% to about 14%.

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