Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Taywood moots selling building arm

Taylor Wimpey could net up to £100 million if it sold its Taylor Woodrow building arm.

The house builder, with debts of £1.9 billion, is carrying out a strategic review of its construction business which has picked up high-profile contracts in recent weeks on the London Underground and at King’s Cross station in north London.

One City analyst said: “It’s a got a good reputation and they could get £100 million for it. But everyone knows Taylor Wimpey has problems so wouldn’t be able to name its price.”

Firms mentioned in connection with a bid include Laing O’Rourke but a spokesman declined to comment.