Civitas Social Housing shares fall on report

shares

Civitas Social Housing’s share price fell 3.14% on Thursday to 92.4p following a government report that warned of a concentration of risk within the social housing registered provider sector.

In addition, the report, commissioned following the “near collapse” of First Priority Housing Association last year, said there is a “poor risk management and contingency planning undertaken by some of the RPs, and some inappropriate governance practices that have led to poor decision making.”

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue