Taylor Wimpey Plc · LSE:TW.
Taylor Wimpey — TW HMI Oct 23
10 slides from Taylor Wimpey's investor presentation, October 2023
Slide 1: The value of housebuilding
The value of housebuilding Jennie Daly, Chief Executive
Slide 2: Disclaimer
Disclaimer For the purposes of this notice, this “presentation” shall include these slides and any question-and-answer session that follows oral briefings by representatives of Taylor Wimpey plc. This presentation is for information purposes only and is not intended to, and does not constitute or fo
Slide 3: Housebuilding matters
Housebuilding matters ● The country desperately needs more good quality homes ● Good quality housing improves lives and transforms communities ● The positive social impact of new housing, goes beyond the bricks and mortar ● Housing drives significant investment into local economies and communities ●
Slide 4: Building more than homes
Building more than homes The homebuilding industry built 233,000 new homes in the 2020-21 financial year, which: Supported 800,000 Led to investments of jobs and generated £6.6bn in affordable over £40bn of housing, £71m in open economic activity spaces and £192m in new and improved schools Enabled
Slide 5: A tough operating environment
A tough operating environment Feb 23 Sep 22 Dec 22 CMA launched Government’s Nov 22 housebuilding Aug-Sep 23 Mar 2022 mini-budget and NPPF New Homes market study Nutrient Neutrality Nutrient start of market consultation Ombudsman changes proposed Neutrality down-turn and New Homes by Gov and restric
Slide 6: Planning challenges
Planning challenges ● Problems have been long in the making Local government funding for planning resources ● Austerity – investment in LPA services reduced 60 59% since 2009/10 50 ● LPA resources tipping point reached 40 £ per person 30 ● Planning reform – part of the solution or part of the 20 pro
Slide 7: The vision – a coherent and functioning planning system
The vision – a coherent and functioning planning system ● Introduction of a National Plan including minimum housing targets ● Develop an outcomes approach to planning ● A simpler approach to strategic planning ● Retention of a rolling deliverable 5 YHLS ● Clarity on incentives for plan preparation a
Slide 8: Restoring pride
Restoring pride ● #BE PROUD of: ● Our commitment to health and safety ● The significantly improved quality standards we build to and the care and support we provide to our customers ● The part we play in solutions to the big topics of our generation ● Cladding, Net Zero / FHS, nutrient neutrality, B
Slide 9: Attracting new talent and more diversity
Attracting new talent and more diversity ● There is a sector-wide skills crisis, and we are investing as an industry ● We invest in our employees and have effective early entry programmes ● Our ambition is for our workforce to reflect the communities we build in ● Diversity is improving, but we need
Slide 10: Conclusions
Conclusions ● Housing matters ● Let’s be proud and conduct ourselves accordingly ● We are a fantastic sector – lets shout about it ● Planning – it can’t continue this way! ● We face a skills challenge but we remain a sector of opportunity, talent and merit-driven career development 10 HMI: The value