Wednesday, 26 February 2014

Round-up │ 26 February 2014

In Briefing pages: (Corporate) Taylor Wimpey - "managing the cycle" or "calling the top"? • Travis Perkins - benefiting from growth in housing transactions and investing for growth │ (Forthcoming events) (Thursday) Barratt, Redrow and Kier H1 results; (Friday) Land Registry House Price Index.

Quote of the day: "Housebuilding is a cyclical industry, and whilst measures from Government, interest rate setters and regulators can help to reduce the scale of that cyclicality, we do not believe it can be removed completely ... This means that we need to take a more active approach to managing the cycle than has been historically undertaken in in the business, or the sector", Pete Redfern, Taylor Wimpey Chief Executive

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