​L&Q’s investment in new homes falls 43%

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Housing association misses completions targets amid pandemic lockdown

L&Q’s investment in new housing has fallen 43% year-on-year.

The housing association giant said in a statement to the stock market, published yesterday alongside its 2020/21 accounts, that it spent £584m on new housing in 2020/21, down from £1.02bn the previous year.

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