Cautious optimism as housebuilders build again

July 1, 2009
Taylor Wimpey and Bellway have added to the list of recent good news stories from housebuilders announcing results. Taylor Wimpey said in its pre-closing trading update that it has seen a 73% increase in its order book since the end of last year. The order backlog leapt from £562 million in December 2008 to £971 million which the volume housebuilder …

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