After the disposal of Taylor Wimpey’s UK construction operations (Taylor Woodrow Construction) to VINCI in September 2008, the disposal of Taysec and Taylor Woodrow of Ghana completes Taylor Wimpey’s exit from construction activities, and is in keeping with the company’s strategy of focusing on its core housebuilding activities.

In the six months to 30 June 2008, Taylor Wimpey’s construction business reported an increase in revenue of 24 per cent to £345.8 million, with an operating profit of £900,000.