We fear that wage inflation will have an impact on our ability to recruit. L&Q has a very significant pipeline -12,000 homes and a £2bn commitment - so we have been able to offer a fair degree of certainty and stability for the last few years, and we've found it relatively easy to attract talented people. But as the market picks up and the housebuilders want to grow, we're going to find ourselves in a much more competitive position, so it is something that concerns us.
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