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Guardian

Guardian

Taxpayers may need to bail out Sadiq Khan’s London housing fund, say auditors

Guardian
Summary
Nutrition label

84% Informative

Greater London Authority Land and Property Limited (GLAP) inherited the 300 m debt.

The fund inherited the debt when it was formed under Boris Johnson in 2012 .

It is meant to create thousands of new homes on its land in an effort to ease the country's housing crisis.

Auditors raised concerns last year over poor management and decision-making at the fund.

VR Score

87

Informative language

86

Neutral language

87

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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