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Double jolt sends shares at Taylor Wimpey diving

Shares in Taylor Wimpey sank by more than 7% yesterday, after Britain�s biggest housebuilder posted a £1.54bn half-year pre-tax loss as the market for homes dried up, and said it has yet to agree a vital loan deal with its banks.

Shares in Taylor Wimpey sank by more than 7% yesterday, after Britain's biggest housebuilder posted a £1.54bn half-year pre-tax loss as the market for homes dried up, and said it has yet to agree a vital loan deal with its banks.