Guinness Partnership

One of the largest providers of affordable housing and care in England has been ordered to pay almost £15,000 in compensation following a number of failings including vulnerable children living in damp and mould for three years and another resident with fungi growing in one of the bedrooms.

Five large housing associations in England have had their credit ratings downgraded by ratings agency Standard & Poor’s (S&P). L&Q, Hyde, Notting Hill Genesis and Guinness all saw their ratings decreased from A+ to A as S&P highlighted increased sales risk at the associations.