Value for money metrics and reporting - annex to the Global Accounts 2023

Summary

Social housing providers in England faced significant financial pressures in the year to March 2023 due to the energy crisis, high inflation, and rising interest rates, while still needing to ensure tenant safety and home sustainability. The regulator addresses this by publishing Value for Money (VFM) metrics annually, enabling boards and stakeholders to benchmark performance and drive efficient resource allocation. The sector saw increased investment and new home delivery but also experienced rising costs and declining operating margins.

Key Facts

Source Document

https://example-government.gov/policy-document-link