City Landlord Admits (Pounds) 100m Underspend; Gha Ends First Year in Charge with Surplus

Evening TimesMarch 04, 2004

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Summary


GLASGOW Housing Association today admitted it will end its first year with a (pounds) 100million surplus.

The not-for-profit landlord said it had failed to meet spending targets since it took over Glasgow's 80,000 council homes last April.

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Extract


City Landlord Admits (Pounds) 100m Underspend; Gha Ends First Year in Charge with Surplus

But it said it planned to double investment in the coming financial year to (pounds) 110m.

GHA has pledged to spend around (p...

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