News

Urban Splash cuts a quarter of staff after modular collapse

By 2023-10-16T12:27:00

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Urban regeneration developer falls to a loss in results impacted by last year’s modular failure

Specialist regeneration developer Urban Splash has fallen to a pre-tax loss of £2.9m and lost over a quarter of its staff, according to annual accounts impacted by the collapse of its previously de-merged modular housebuilding joint venture.

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