Tarmac Group face the recession of the early 1990s. In particular, the housing division continued to invest heavily in land even though the market had peaked, leading to provisions of £132m in that division alone. Like his predecessor before him, Pountain was forced to step down as chief executive to be replaced by Neville Simms, previously in charge of construction. Inevitably, the emphasis moved away from housing in favour of construction. In October 1992, Tarmac acquired the privatised government agency PSA Projects to complement Tarmac Construction. This was initially called TBV Consult (reflecting a short lived partnership between Tarmac and Black &
What Is Life the role of "entertainer" in his songwriting. In "I Me Mine", Harrison recalls that he changed his mind about offering "What Is Life" to Preston once he'd arrived at Olympic Studios and found the singer busy working on more typical material – or "playing his funky stuff" as Harrison puts it. Rather than attempt it with the Beatles during the band's concurrent "Abbey Road" sessions, he stockpiled the track with his many other unused songs from the period – "All Things Must Pass", "Let It Down", "I'd Have You Anytime" and "Run of the Mill" among them – and revisited