London & Quadrant Group, the largest housing provider in London and the South East, has announced a £95 million surplus for the last financial year - underpinned by a "more commercial approach".
L&Q says the "solid" set of financial results for 2011/12, achieved despite a struggling economy and reduced capital grant, will lead to increased investment in homes, services and communities.
Last year L&Q completed 1,620 homes, started work on another 1,384, and increased their developmen...
