L&G modular homes amassed loss deepens to £174m

L&G’s modular housing business has seen accumulated reported pre-tax losses reach £174m since it was set up six years ago.
Legal & General Homes Modular recorded a £37m pre-tax loss last year.
But the business, which operates from its 550,000 sq ft modular factory in Sherburn-in-Elmet, near Leeds, did record its first revenue of £12m since being established.Sales finally got going as site developments at Broadstairs in Kent, Selby in North Yorkshire and North Hors