Legal & General has committed £2 billion ($2.69 billion) to affect investment by 2030 to accelerate regional growth and regeneration across the United Kingdom.
The investment will be deployed into productive assets such as infrastructure, affordable housing and urban regeneration, supporting the government’s ambition to drive regional and national growth. The investment will help deliver 10,000 new social and affordable homes as well as support the creation of 24,000 jobs — direct, indirect and induced — nationwide.
Building on L&G’s long track record of working in partnership with the public sector, the investment program will enable local and combined authorities to unlock their ambitions to drive local economic growth and respond to local needs, such as affordable housing, knowledge economy hubs, infrastructure, retrofitting homes and regeneration. Funds will be allocated based on local needs and demand, ensuring that every project supports L&Gâ
