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.
On the way to work this working I heard the good news that Eurozone finance ministers have agreed terms of a 10 billion Euro bailout deal for Cyprus. But savers will suffer, businesses will suffer and recession is bound to follow. What does this mean for UK affordable housing, and what lessons are there for us?
A confident speech from the Chancellor; the promise of a budget for people who want to work hard and get on. And from the very start, a budget for people who aspire to own their own home.
In nineteen days five thousand L&Q residents will see their benefits reduce with the introduction of the bedroom tax.
In February the press reported that Places for People was considering setting up a £500 million REIT – a tax efficient stock exchange listed investment vehicle for private rented housing. This follows a £70 million private rented home deal, an £18 million retirement home deal, acquisition of a 20,000 home property management business and acquisition of a leisure company. Is this the future of housing associations?
Today the press reported that Yahoo Chief Executive Marissa Mayer has banned home working. Why would Yahoo's new CEO do such a thing?