Taylor Wimpey shares fall another 9.1%

Taylor Wimpey's appointment of new finance director Christopher Rickard has had no impact on its share price, which dropped by almost a tenth today (Wednesday).

The list of house builders’ share prices that fell included:

• -9.1% Taylor Wimpey
• -6.6% Bellway
• -4.7% Redrow
• -3.8% Barratt

Twelve months ago, when Taylor Wimpey shares were trading at over £2.50, it would have been incredible to think that a time might come when a drop of just 1.5p in the group’s share price would result in a drop in value of more than 9% - but these are no ordinary times.

The performance of construction groups was varied, though there were a number of falls:

• -8.5% Speedy Hire
• -6.3% Balfour Beatty
• -3.6% Carillion
• -3.6% Severfield-Rowen
• -4.8% Kier
• -3.3% Galliford Try