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This gives the regulator and our lenders confidence in the long term viability of the business. The plan is reviewed annually to reflect the ongoing development of the corporate strategy and reflects several key factors. These are:
The Group believes it has the underlying financial stability to continue its strategy to continue to grow and to deliver excellent customer service. Delivering a programme of cost savings as part of the overall business transformation can mitigate some of the effects of these factors. Ultimately, the business plan shows the Group to be in good financial health with capacity to make strategic decisions to ensure it maintains its position as a developer of mixed-tenure housing.
Our decisions and priorities over the coming few years are driven by our Corporate Strategy.