All Business articles – Page 5
-
NewsNine housing associations re-issued with ‘V2’ financial viability grade following stability checks
All of the housing associations assessed so far kept their existing financial viability grades
-
In FocusHow worried should the sector be about Vistry?
Housebuilding industry poster-child Vistry has been charting an aggressive growth course despite a tricky market over the last two years. Joey Gardiner asks why it has now lost half its value after two profit warnings in two months
-
NewsL&Q reports deficit for first half of the year
Sale of strategic land division to Urban & Civic creates accounting loss as development falls 30%
-
NewsAster development and pre-tax surplus drops in first half of the year
Aster’s development of new homes has dropped by 24% and its pre-tax surplus has dropped by £4.7m
-
NewsTwo south Wales housing associations complete merger
Cadwyn Housing Association has joined Cadarn Housing Group as a subsidiary
-
NewsMagna Housing appoints new chief financial officer and head of growth
The two new appointments bring leadership to support Magna’s financial and housing development strategies
-
NewsGreenSquareAccord’s chief financial officer set to join Abri
Jo Makinson will leave GSA in December
-
NewsPlaces for People appoints new managing director for developments
Andrew Usher has been promoted from development director to managing director for developments
-
In FocusGrey belt, green belt and the curious case of Labour’s benchmark land value
The new government’s plans to allow more development on parts of the green belt have been hailed as a potential game-changer for housing supply. However, there are growing fears that the ‘golden rules’ governing the release of sites may simply make sites unviable
-
NewsS&P downgrades Futures Housing’s credit rating over increased investment in existing homes
The credit rating agency says that Futures’ spend on stock will keep its EBITDA margins below 20% over the next two years
-
NewsCitizen builds ‘record’ 703 new homes
The 32,000-home housing association’s turnover increases, but its surplus falls due to interest costs
-
NewsNotting Hill Genesis confirms £90m deficit in overdue financial accounts
The 67,000-home housing association’s accounts were late as it was reviewing one-off costs, most of which related to building safety
-
NewsGreensquare Accord posts surplus for first time since merger
GSA said its underlying stability is improving after a “challenging” first two years
-
NewsLonghurst and Grand Union agree to merge
Organisations plan to come together to create new 38,000-home provider in December
-
News‘Challenging year’ for Torus as surplus drops 45%
The housing association’s surplus has been hit by high inflation and increased investment in its existing homes
-
NewsThirteen Group ploughs additional £57m into developing new homes and increases surplus
The 36,000-home housing association invested almost £250m in new and existing homes over the year
-
NewsL&Q finance director Waqar Ahmed to step down after 16 years
Ahmed will leave his post at L&Q by next April after a career spanning three decades
-
NewsShelter chief executive Polly Neate to step down next March
After seven years at the homelessness charity, Neate says she has made “the incredibly difficult decision” to leave
-
NewsSalix Homes appoints new chair as CEO announces retirement
Senior leadership changes are underway at Salford-based housing association
-
NewsStonebond’s ex-chief executive joins Surrey housebuilder
Andrew Cornelius is the new chief financial and operating officer at Macar Homes