{"id":8708,"date":"2025-09-02T12:46:59","date_gmt":"2025-09-02T12:46:59","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=8708"},"modified":"2025-09-02T12:46:59","modified_gmt":"2025-09-02T12:46:59","slug":"tuesday-02-09-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/tuesday-02-09-2025-news\/","title":{"rendered":"Tuesday: 02\/09\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 02\/09\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">Riverside returned to a \u00a310.1m surplus for the year to 31 March, up from a \u00a315.2m deficit, citing its merger with One Housing, cladding work, and exiting loss-making ventures as past challenges. <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/riverside-moves-back-into-surplus-after-two-years-of-deficits\/5137892.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The NHF urges a \u00a33\/week social rent uplift to help associations raise \u00a33.4bn over 10 years, while the Northern Housing Consortium backs a \u00a32 limit. Meanwhile, councils spend millions on one-off landlord incentives, and Lambeth Council has introduced a licensing scheme to improve tenant protections and housing standards. <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/nhf-urges-government-to-set-3-per-week-uplift-for-social-housing-rent-convergence\/5137884.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.generationrent.org\/2025\/09\/01\/councils-spending-tens-of-millions-a-year-in-private-landlord-incentives-press-release\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Generation Rent<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/love.lambeth.gov.uk\/new-landlord-licensing-scheme-to-extend-higher-housing-standards-throughout-lambeth\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Love Lambeth<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Scotland\u2019s projected affordable housing need for 2026-31 is 15,693 homes per year, almost 50% higher than in 2020, requiring a major increase from the current target of 10,000 homes annually. <\/span><a href=\"https:\/\/www.locarla.com\/pdf\/AHN_in_Scotland_post-2026_exec_summary.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Scottish Federation of Housing Associations<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Sky News reports that while Sir Keir Starmer prioritises housebuilding and criticises NIMBYism, the government\u2019s own regulator is also delaying people from moving into new homes, worsening the housing crisis. The BBC reports that London councils have spent an estimated \u00a3120m on housing projects for over 3,800 private and social homes that are now on hold. <\/span><a href=\"https:\/\/news.sky.com\/story\/the-red-tape-keeping-these-flats-empty-and-threatening-labours-vital-new-homes-target-13423446\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Sky News<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/crlzlre6999o\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Southwark Council is preparing two major electrical works contracts worth an estimated \u00a3140m and has launched early market engagement to attract suitable contractors. <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/buildings\/council-prepares-140m-pair-of-electrical-work-contracts-01-09-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Patrizia and Fabrix launch a \u00a3100m+ joint venture to provide sustainable, affordable, and alternative housing in London. Separately, Picture Living, backed by Thriving Investments, commits \u00a336m to tackle UK rental housing shortages. <\/span><a href=\"https:\/\/www.patrizia.ag\/en\/news-detail\/patrizia-and-fabrix-launch-gbp-100-million-partnership-to-deliver-sustainable-affordable-and-alternative-housing-in-london\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Patrizia<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.ukreiif.com\/investment-news\/picture-living-new-housing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">UKreiif<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">John Sisk &amp; Son is set to acquire Farrans Construction from CRH, marking a notable industry move. Winvic surpasses \u00a31bn in sales, with profits soaring 70% across its logistics, multi-room, and civils divisions. Meanwhile, brickmaker Michelmersh faces a dip in first-half profits amid intense market competition. Haydon Mechanical &amp; Electrical continues its winding down a year after entering administration, leaving \u00a310m in debt. <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/01\/sisk-swoops-to-buy-farrans-from-crh\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/02\/winvic-breaks-1bn-turnover-as-profit-jumps-70\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/02\/highly-competitive-brick-pricing-hits-michelmersh-profits\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/financial\/administrations\/administration-drags-on-for-collapsed-me-specialist-01-09-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">In H1 2025, construction experienced its first growth in workloads, employment, and enquiries since Q2 2023, signalling a clear industry upturn. Meanwhile, the government plans to build 1.5m homes and is reviewing all Arm\u2019s Length Bodies (ALBs), closing, merging, or reintegrating those deemed unnecessary. <\/span><a href=\"https:\/\/www.locarla.com\/pdf\/FMBStateofTrade-surveyH12025.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Federation of Master Builders<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/re-state.co.uk\/wp-content\/uploads\/2025\/08\/Homes-England-final-report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Re:State<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A Somerset town has approved a \u2018once-in-a-generation\u2019 estate of 600+ homes. South Shields greenlights 124 extra care apartments, while North Yorkshire sees revised plans for 1,500 homes on a village edge. In the Highlands, a major housing association plans 600 affordable homes. Wain Homes proposes 208 homes in Poulton, Bloor aims for 200 sustainable homes at Abbots Well, and St Albans council considers a 124-home Green Belt development. <\/span><a href=\"https:\/\/www.somersetcountygazette.co.uk\/news\/25432364.somerset-towns-once-in-a-generation-housing-estate-approved\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Somerset County Gazette<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/housingdigital.co.uk\/green-light-for-south-shields-extra-care-scheme\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Digital<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/c87e9vd81q0o\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.heraldscotland.com\/news\/25431823.plans-600-new-affordable-homes-highlands\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Herald<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.placenorthwest.co.uk\/wain-homes-applies-for-208-poulton-properties\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Place North West<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.placenorthwest.co.uk\/bloor-pitches-200-christleton-homes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Place North West<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.hertsad.co.uk\/news\/25431642.decision-day-124-homes-st-albans-green-bel\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Herts Advertiser<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 02\/09\/2025 Riverside returned to a \u00a310.1m surplus for the year to 31 March, up from a \u00a315.2m deficit, citing its merger with One Housing, cladding work, and exiting loss-making ventures as past challenges. Housing Today (register) The NHF urges a \u00a33\/week social rent uplift to help associations raise \u00a33.4bn over 10 years, while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-8708","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/comments?post=8708"}],"version-history":[{"count":2,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8708\/revisions"}],"predecessor-version":[{"id":8710,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8708\/revisions\/8710"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=8708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=8708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=8708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}