Daily News: 23/01/2026
S&P Global Ratings has revised the outlook for Platform Housing Group Ltd from stable to negative, citing reduced capacity, while affirming its strong ‘A+’ long-term credit rating, reflecting confidence in the group’s underlying financial strength despite emerging pressures. S&P Global
Principality Commercial has agreed a £20m funding deal with Rochdale Boroughwide Housing Limited to support its housing investment programme, while a separate £6.55m funding boost has been announced to help tackle the housing crisis across the West of England through new regional investment. The Intermediary, West of England Combined Authority
In London, the mayor launched plans to deliver at least 6,000 rent-controlled “Key Worker Living Rent” homes by 2030. In Scotland, the government confirmed plans to create a new national housing agency to accelerate delivery across all tenures. The Welsh Government announced a £98m funding round for the Optimised Retrofit Programme, bringing total investment since 2020 to over £466m to improve social homes. London Gov.UK, The Scottish Government, and Welsh Government
Manchester City Council is offering up to £2,500 to help social rent, council, and housing association tenants move into smaller, more manageable homes, while Horsham District Council has adopted a new Housing and Homelessness Strategy for 2026-2030 to guide its housing priorities over the next four years. Manchester City Council, Horsham District Council
Fusion21 has invited bids from regional and national suppliers for the fourth iteration of its grounds maintenance framework, which is expected to be worth up to £85m over a four-year term. The Construction Index
Zenzic Capital and Jensco Group launched a UK single-family rental platform, forward funding 125 purpose-built homes from Vistry as part of a wider UK living investment strategy. Meanwhile, M&G announced a £1bn commitment over the next three to five years to support the UK’s next wave of housing and infrastructure projects. Show House, Construction Wave
Thomas Storey Fabrication Limited, a steel fabrication specialist founded last year, appointed KBL Advisory as administrators on 19th January, months after acquiring a £12m-turnover contractor from administration. Meanwhile, residents have launched a legal challenge to stop the demolition of the 1960s Brutalist Lesnes Estate in south-east London, opposing plans by Bexley Council and Peabody. Construction News (register), The Guardian
MPs have urged the Serious Fraud Office to investigate the Energy Company Obligation (ECO) solid wall insulation programme, warning that fraud may be far higher than previously identified and raising concerns over oversight, value for money, and impacts on households affected by poor or unnecessary installations. Construction Enquirer
480 homes were approved in Thorpe St Andrew, Norwich, and 412 green belt homes in Corringham despite drainage and countryside concerns. Plans were submitted for 1,150 homes at Southbury Cinema and Leisure Park, Enfield, while proposals for 249 homes on Humberston Golf Course face strong opposition. Decisions on 235 homes in Bracknell are delayed, and councillors will consider up to 120 homes in Shavington, Crewe, amid a housing land supply shortfall. BBC, Thurrock Gazette, Enfield Dispatch, Grimsby Live, Bracknell News, and Cheshire Live