Taylor Wimpey ‘slow’ in response to summer market surge, boss admits

By Joey Gardiner2021-04-01T05:00:00

Pete Redfern defends decision to raise £500m from shareholders

The chief executive of Taylor Wimpey has admitted the firm was too slow in getting back up to speed last summer to take advantage of the post-covid housing market surge.

Pete Redfern’s comments come after he made it clear he had no regrets about being the first housebuilder to shut down sites in the wake of the prime minister’s 23 March lockdown announcement.

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