John Laing Partnership in administration

Nov. 1, 2010
John Laing Partnership and subsidiaries Intro Homes, Impala Partnership and JLP Homes have gone into administration. The Hertfordshire-based Group was focused on social housing but Intro Homes provided a private sector arm. The firm struggled financially following the collapse in the private housing market and the subsequent uncertainty in the affordable housing sector, and PricewaterhouseCoopers was appointed administrator last month. …

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