Strong UK performance at Taylor Wimpey

House builder Taylor Wimpey said it has seen an improvement across the business in the last six months as it focuses on margin growth and as trading conditions in the housing market stabilise.

House builder Taylor Wimpey said it has seen an improvement across the business in the last six months as it focuses on margin growth and as trading conditions in the housing market stabilise.

Profit before tax and exceptional items surged to £78.2m in the half year ended 1 July 2012 from £28.9m the year despite uncertain wider economic conditions. Revenue for the period climbed to £906.2m from £817.8m.

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