Charnwood Fails To Secure Vital Funding

An ALMO which sacked its finance manager following an overspend has been criticised by inspectors. Charnwood Neighbourhood Housing, which manages 6,000 properties for Charnwood Council, in Leicestershire, received a one-star rating from the Audit Commission this week for a ‘fair service’ with ‘uncertain prospects for improvement’. The board has now launched a governance review. Read the full story on Inside Housing.