Monday, March 26, 2007

Not with a bang ...

A proposed merger of Wimpey and Tayor Woodrow is all over the papers today.

How are the mighty fallen. When I was first at Wimpey, it was a near £2bn a year construction colossus built from nothing by Sir Godfrey Mitchell but they sold off everything but the housebuilding more than ten years ago.

I can't see that there's much more to the housebuilding business than managing the land bank. A far cry from "Sir God's" buccaneering heyday.
Post a Comment