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Swan reports £84m deficit in delayed accounts
Essex-based housing association now part of Sanctuary sets aside £40m for building safety work
Essex-based housing association Swan has posted an £84m deficit for 2022/23 after making a provision of nearly £40m for building safety work.
The 11,600-home association, which was taken over by Sanctuary in a rescue deal in February following financial and regulatory difficulties, revealed the loss in its delayed financial statement.
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