Kier’s housing arm crashes to £89m loss

By Dave Rogers2021-01-13T01:35:00

Business has been up for sale since summer 2019

The up-for-sale housing arm of Kier has crashed to a pre-tax loss of more than £89m, the firm’s latest accounts have revealed.

Kier, which is due to give a trading update next week, has been trying to get rid of its Kier Living business since summer 2019 when then new chief executive Andrew Davies decided it was no longer core.

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