{"id":9063,"date":"2025-10-16T12:53:29","date_gmt":"2025-10-16T12:53:29","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=9063"},"modified":"2025-10-17T10:21:29","modified_gmt":"2025-10-17T10:21:29","slug":"thursday-16-09-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/thursday-16-09-2025-news\/","title":{"rendered":"Thursday: 16\/10\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 16\/10\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">Fitch Ratings has downgraded London &amp; Quadrant Housing Trust (L&amp;Q) to \u2018A-\u2019 from \u2018A\u2019 with a Stable Outlook, and its short-term rating to \u2018F1\u2019 from \u2018F1+\u2019. Meanwhile, Platform Housing Group was affirmed at \u2018A+\u2019 with a Negative Outlook, reflecting continued financial resilience amid sector cost pressures.<\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-downgrades-london-quadrant-housing-trust-l-q-to-a-outlook-stable-15-10-2025\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-affirms-platform-housing-group-limited-at-a-outlook-negative-14-10-2025\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Clarion Housing Group has published its annual Making a Difference report, marking \u00a31bn in social value generated and setting out performance across key ESG measures.<\/span><a href=\"https:\/\/www.clarionhg.com\/news-and-media\/2025\/10\/15\/clarion-marks-1bn-in-social-value-generated-as-it-publishes-making-a-difference-report\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Clarion Housing Group<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Since 2020, Hackney Council has spent \u00a338m buying back homes to boost social housing. PPHA has added 156 affordable rentals in Kent from Barratt Redrow, while Cornwall Council plans to sell 37 of 79 SoloHaus units for single homeless people due to \u00a39m setup costs. Meanwhile, Leeds City Council has approved a new private rented sector licensing scheme covering around 12,500 homes in deprived areas.<\/span><a href=\"https:\/\/www.hackneycitizen.co.uk\/2025\/10\/15\/hackney-council-spent-38-million-since-2020-buying-back-houses\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Hackney Citizen<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.housingexecutive.co.uk\/ppha-secures-much-needed-affordable-rent-homes\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Housing Executive<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/cx2py3kpeypo\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, and<\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/leeds-council-approves-prs-licensing-scheme\/5138761.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 Northern Housing Consortium has urged ministers to rethink the proposed new DHS, warning that in its current form it would be too prescriptive and costly.<\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/northern-housing-consortium-urges-rethink-of-piecemeal-decent-homes-standard-ahead-of-autumn-budget\/5138760.article\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Manchester City Council plans tens of millions in investment to regenerate Gorton Town Centre, with Clarion Housing set to deliver 400+ homes across 17 sites over 10-15 years. Homes England is backing SME Forge New Homes with a \u00a37m loan for 58 homes at Welbeck Gardens, Bolsover, while Adur Council adds \u00a31m to its Southwick project after contractor delays.<\/span><a href=\"https:\/\/www.manchester.gov.uk\/news\/article\/9787\/council_unlocks_long_term_investment_into_gorton_town_centre\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Manchester City Council<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/homes-england-backs-sme-housebuilder-forge-new-homes-with-7-million-loan\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">GOV.UK<\/span><\/a><span style=\"font-weight: 400;\">, and<\/span><a href=\"https:\/\/www.theargus.co.uk\/news\/25544097.adur-council-fork-extra-cash-southwick-homes\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">The Argus<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The Hyde Group has awarded a \u00a33bn construction and refurbishment framework spanning seven lots to deliver projects across the UK. Meanwhile, Sustainable Building Services (SBS) has launched a \u00a31.8m retrofit project to upgrade the energy efficiency of nearly 100 homes in Clifton, Nottingham.<\/span><a href=\"https:\/\/www.constructionnews.co.uk\/skills\/hyde-awards-3bn-construction-framework-across-seven-lots-16-10-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.thebusinessdesk.com\/eastmidlands\/news\/2102976-retrofit-firm-launches-1.8m-project-to-upgrade-100-nottingham-homes\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">TheBusinessDesk.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Administrators for a mechanical and electrical specialist have had a CPS asset-freezing order lifted, letting them pursue claims for creditors. Meanwhile, Nottingham steelwork contractor Caunton Engineering saw turnover and profit fall, posting \u00a365.5m for the year to January 2025.<\/span><a href=\"https:\/\/www.constructionnews.co.uk\/legal\/administrators-get-cps-asset-freezing-order-lifted-on-collapsed-firm-15-10-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.constructionnews.co.uk\/financial\/steelwork-contractors-revenue-and-profit-fall-15-10-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A SafeSite Facilities survey finds three-quarters of UK construction workers worry about climate change affecting site safety as winter approaches. Meanwhile, construction output in Great Britain rose 0.3% in the three months to August 2025, and new home starts outside London are now above two-year averages, with some regions seeing nearly 70% higher Q2 2025 starts than last year.<\/span><a href=\"https:\/\/www.fmj.co.uk\/fears-rising-around-construction-site-safety-due-to-climate-change\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">FMJ<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.locarla.com\/pdf\/Construction_output_in_Great_Britain_August_2025.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Office for National Statistics<\/span><\/a><span style=\"font-weight: 400;\">, and<\/span><a href=\"https:\/\/pdf.euro.savills.co.uk\/uk\/market-in-minute-reports\/cs2509-0839-new-homes-mim.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Savills<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The London Borough of Harrow and Wates Residential have secured planning for Poets Corner, a regeneration of the former Civic Centre site with 1,000+ homes. Near York, the first phase of a \u201cgarden village\u201d of 300+ homes has been approved. In London, HUB plans the final phase of Elephant Park with 678 co-living and social rent homes, a health hub, and upgraded public spaces, while a former West Sussex caravan site could provide 100+ homes.<\/span><a href=\"https:\/\/www.housingexecutive.co.uk\/green-light-for-poets-corner-over-1000-new-homes-approved-in-harrow\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Housing Executive<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/cr430g0v151o\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/10\/16\/plans-in-for-final-phase-of-londons-elephant-park-regen\/\" 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.bbc.com\/news\/articles\/c2emdpd3j9no\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">BBC<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 16\/10\/2025 Fitch Ratings has downgraded London &amp; Quadrant Housing Trust (L&amp;Q) to \u2018A-\u2019 from \u2018A\u2019 with a Stable Outlook, and its short-term rating to \u2018F1\u2019 from \u2018F1+\u2019. Meanwhile, Platform Housing Group was affirmed at \u2018A+\u2019 with a Negative Outlook, reflecting continued financial resilience amid sector cost pressures. Fitch Ratings, Fitch Ratings Clarion Housing [&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-9063","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/9063","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=9063"}],"version-history":[{"count":4,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/9063\/revisions"}],"predecessor-version":[{"id":9070,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/9063\/revisions\/9070"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=9063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=9063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=9063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}