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Evening Standard
Evening Standard
Business
Michael Hunter

L&G aims to bring more levelling up to London as profits and dividends rise

The Blackhorse Mills development in Walthamstow is one of L&G’s build-to-rent developments

(Picture: Supplied image)

Legal & General has told the Standard that it is time to bring more levelling up to London as it continued its long run of dividend payouts and reported half-year operating profit of £1.2 billion, up 8%.

“We see huge opportunities to invest, we’re trying to do levelling up in London… we’ve done so much more elsewhere, we feel we should be doing more in London, said Sir Nigel Wilson, its chief executive.

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