LocalGov.co.uk - Your authority on UK local government masthead
Martin Ford 23 December 2024

GLA developer stuggles with £300m debt

GLA developer stuggles with £300m debt image
Image: Fela Sanu / Shutterstock.com.

Auditors have warned a developer owned by the Greater London Authority (GLA) may require a rescue package.

GLA Land and Property is a wholly-owned development company that aims to deliver up to 68,000 new homes on land owned by the authority.

Visit The MJ (£) to read more.

#Housing #Funding #London #Finance

Analysis

Opinion

Most Popular News

EXCLUSIVE: Two unions reject pay offer image
EXCLUSIVE: Two unions reject pay offer
Reform defends £700m council savings claim image
Reform defends £700m council savings claim
Record number of council staff earning over £100k image
Record number of council staff earning over £100k
Lancashire CC apologises for role in failings before Southport attack image
Lancashire CC apologises for role in failings before Southport attack
Council threatens legal action over £20m roads funding row image
Council threatens legal action over £20m roads funding row

New Products

Safeguarding Children - the AAT Way

MSL enhances hygiene auditing with air quality testing for Awaab’s Law compliance

Cadcorp launches Mapestry

Bolton Council Upgrades 120+ School Crossings with Smart CMS Control by Lucy Zodion

NEC CONTRACTS HAS GONE DIGITAL: PAPERLESS, TO GIVE YOU MORE

Vent-Axia Delivers Social Housing a Smart Ventilation Solution Ahead of Awaab’s Law

New remotely lockable cabinet will help manage medication for people with mental health issues

Case Studies

Acrospire Delivers Seamless Heritage Lighting Upgrade on Bath’s North Parade Bridge

Acrospire Delivers Retrofit Lighting for Newbridge’s Joe Calzaghe Footbridge

Acrospire Delivers PIR-Controlled Lighting at Ruislip Lido Car Park

Spennymoor Market Place and Consett Middle Street revitalised using Thorn Lighting’s Thor Lanterns and Customisable Gobo Projectors

Acrospire Partners with Bath & North East Somerset Council to Illuminate Historic Film Location with LED Upgrade

Believ to install 22 charge points across Redcar and Cleveland

Acrospire Enhances Harlington Underpass with Energy-Saving Vandal-Resistant Lighting

Company Anouncements

Vent-Axia Welcomes the Future Homes Standard as Competency Takes Centre Stage

Apricorn Becomes First and Only Hardware-Encrypted USB Storage Device Manufacturer to Achieve AS9100 Certification

AAT helps Councils step up to address children’s social care

CU Phosco Approved as a Crown Commercial Service Supplier

Acrospire triumphs at the 2025 HEA Awards with Sustainable Project of the Year

TRT Lighting retrofit helps Lincolnshire County Council cut street lighting energy use by over 65%

Vent-Axia Welcomes Healthy Homes Standard

Popular Topics

#Workforce #Waste management #Wales #Unions #Transport #Social Housing #social care #SEND #Scotland #Schools #Safety #Renting #Potholes #Politics #Planning
SIGN UP
For your free daily news bulletin
Highways jobs

Key Worker - Young Carers

Essex County Council
Up to £28621.00 per annum
Key Worker - Young CarersPermanent, Full Time£28,621 per annumLocation
Recuriter: Essex County Council

Head of Service - Highways and Transportation

North East Lincolnshire Council
£77,899
We are seeking an exceptional leader to take on the role of Head of Service – Highways & Transportation North East Lincolnshire
Recuriter: North East Lincolnshire Council

Director of Education

Birmingham City Council
£135,398 to £175,519 (3 days per week on site)
Leading Collaboration. Strengthening Trust. Improving Outcomes Birmingham, West Midlands
Recuriter: Birmingham City Council

Executive Director of Prosperity and Place

East Riding of Yorkshire Council
£148,775 - £159,480
We are seeking an exceptional Executive Director of Prosperity and Place East Riding of Yorkshire
Recuriter: East Riding of Yorkshire Council

Social Worker

Durham County Council
Grade 9 £35,412 - £39,152(Pre-Progression) / Grade 11 £40,777 - £45,091(Post-Progression)
This is an exciting opportunity to join the Next Steps Team in Durham, a developing and ambitious service that prepares young people in care for indep Durham
Recuriter: Durham County Council
Linkedin Banner