Project

Corporate Economic Footprint and Toolkit

Taylor Wimpey Plc

Having supported Taylor Wimpey for a number of years to make the economic case for specific schemes and projects across the country, Lichfields was asked to quantify and articulate the economic footprint of this major housebuilder’s UK-wide operations in the first exercise of its kind.
 
We worked with Taylor Wimpey to decide what information and data would be needed for the analysis, and used our expertise to measure the company’s socio-economic footprint across indicators such as employment, economic output, supply chain expenditure, local community financial benefits, tax revenue and development of social infrastructure.
 
We also used the exercise as an opportunity to capture and present a range of ‘softer’ impacts associated with Taylor Wimpey’s day-to-day activity, including apprentices, graduates and trainees employed, re-use of brownfield land and support for first-time buyers to get on the housing ladder.

This research demonstrates perfectly the importance of house building to the national economy and the role it can play in stimulating future growth and investment in infrastructure. Lichfields is pleased to have been able to support Taylor Wimpey to articulate its wider socio-economic contribution for the first time, to a range of partners and national stakeholders.

Matthew Spry, Senior Director, Lichfields