Construction industry gossip: Manners maketh the man

By Hansom2019-03-10T11:41:00

An Osborne director demonstrates the benefits of an expensive education, while City planners practise the art of tight-lipped diplomacy

Say no more

It was certainly a busy time for company results last week. It’s fair to say my breath was taken away by Interserve’s admission that it has earmarked £90m to spend on a bunch of bean-counters whose job will be to advise the contractor how to get back on track. I was more impressed with Persimmon, which broke the £1bn profit barrier – the first time for a housebuilder. City analyst Tony Williams of Building Value noted the firm had gone into great detail in its announcement. It was long, too: “23,820 words to be precise,” said Williams. I read every one of them, of course …

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