PwC takes over Taylor Wimpey audit from Deloitte

FTSE 100 house builder Taylor Wimpey has appointed PwC as its external auditor, following a competitive tender process, replacing incumbent Deloitte

The appointment remains subject to approval by shareholders at the company's 2021 Annual General Meeting.

Deloitte did not participate in the tender due to the rules regarding the mandatory rotation of auditors and will remain the group's external auditor for the financial year ending 31 December 2020.

Taylor Wimpey last conducted a tender process for the external audit in 2007/2008.

According to the company’s 2019 annual report, Deloitte was paid £500,000 in audit fees for the year, plus £100,000 for non-audit services.

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