Rolling coverage of the latest economic and financial news
Although rising energy prices are great news for oil and gas producers, they’re a blow to other businesses, such as housebuilders.
This morning, Taylor Wimpey has reported that the cost of building a home is being pushed up, telling shareholders:
As a result of rising energy costs, build cost inflation is now expected to be low to mid single digit for 2026, with cost pressure and surcharges starting to come through from our supply chain.
Continue reading…Rolling coverage of the latest economic and financial newsAlthough rising energy prices are great news for oil and gas producers, they’re a blow to other businesses, such as housebuilders.This morning, Taylor Wimpey has reported that the cost of building a home is being pushed up, telling shareholders:As a result of rising energy costs, build cost inflation is now expected to be low to mid single digit for 2026, with cost pressure and surcharges starting to come through from our supply chain. Continue reading…