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Housing Today
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L&G ‘committed’ to housing despite modular U-turn
Housing boss says insurance giant remains ‘passionate’ about housing after shutting Leeds factory
Insurance giant L&G has said it remains committed to the housing sector despite taking the decision last month to effectively shut its flagship modular housing business.
L&G announced at the start of May that it was ceasing new production at its Sherburn-in-Elmet factory after racking up £174m in losses over the last seven years, and was starting a redundancy consultation with its 475 staff.
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