Chief Executive's blog
A blog written by our Chief Executive, David Montague. Each month David reflects on events at L&Q and in the housing sector, and offers his opinions on current and future events.
About David Montague
David Montague has been chief executive of L&Q since February 2008. He has been with L&Q since 1989 and served as Group Director of Finance before his current appointment.
David is a Fellow of the Association of Chartered Certified Accountants and writes and lectures on social housing and business planning issues.
Well that was quite a year. The year that the tectonic plates of housing shifted. Government promised a bold new plan, housing associations set out a new ambition and in London the Mayor made a commitment the likes of which we haven't seen in decades.
Last week will go down in housing history.
After months of lobbying and speculation, today the Chancellor stood.
Fifty years ago a BBC film changed housing history. Watched by 12 million people the story of Cathy and Reg becoming homeless and losing their children caused a flood of calls, a debate in Parliament, massive support for Shelter, the creation of Crisis and a new generation of housing associations.
Like every other developing housing association Hyde, East Thames and L&Q turned their gaze inward as we examined cash balances, undrawn loan facilities, development commitments and sales exposure.