L&G pledges £4bn investment in West Midlands

By Joey Gardiner2022-05-18T12:40:00

Deal set to see thousands of homes built

Insurance giant L&G has agreed with West Midlands mayor Andy Street to invest £4bn in the region over the next seven years in a deal which will see it build thousands of new homes.

The deal, which is designed to support the West Midlands Combined Authority’s (WMCA) plan to build 215,000 homes by 2031, will see L&G invest £4bn in regeneration, housing and levelling up in line with the region’s 2022 Investment Prospectus.

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