Branch Secretary :

Housing Associations: £1.9m Surpluses!

The Homes and Communities Agency (HCA) have published this year’s global accounts for the sector which again show a record surplus.  Worth remembering every time pay claims, staffing levels and work intensification is discussed.

The report states: “The sector continued to grow its asset base and recorded an aggregate surplus of £1.9bn, an increase of 9% from 2012.  The sector achieved this increase in surplus through the combination of increased turnover attributable to inflation linked rent increases, increased operating margins, and improved financial performance in housing sale activity.” The full report is attached for information.



Before Posting

We welcome debate and discussion on our website, but we also want an open, respectful, inclusive space in which forms of abuse or personal attack will not be tolerated. Comments will be moderated and will be removed if they are found to be unduly offensive. You should also be very careful in posting information about your employer. Employers do visit the website and if you think a comment could get you into trouble for releasing confidential or sensitive information, or for bringing the employer into disrepute, please do not post it. It remains your individual responsibility to ensure that what you post is appropriate. Please therefore just give a moment's thought to what you are saying. The types of comments that are likely to be moderated are:

  • Personal abuse or attacks on an individual.
  • Information which breaches another person's right to confidentiality.
  • The use of offensive language, including swear words, or language which is racist, sexist, or otherwise breaches equalities standards.
  • Anything that might place the Branch or the wider union in legal jeopardy.
  • Adverts or information which is posted for commercial gain.

* Name
* Email (will not be published)
* field is required