LHA cap uncertainty hits Ashley House’s revenues

Revenues for housing with care operator Ashley House fell by 10% for the year ended 30 April 2017 due issues around the government’s plans for the Local Housing Allowance cap, the directors reported in its preliminary results. Cost of sales stood at £14.9m (2016: £15.9m), administrative expenses were £3m (2016: £3.2m) and there was a…

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