Care income dips at Housing 21 following contract hand backs

Housing 21 posted growing revenue in the first half of the financial year but saw its care service income drop as it handed back ‘several’ contracts. Turnover rose 10.8% to £159.3m (H1 2024: 143.8m), driven by its acquisition from Midland Heart, expansion of its portfolio and CPI-linked rent rises of 2.7%. However, care service income…