Legal & General halts new production at modular homes factory near Leeds

Group tells staff it will let most of them go, as it considers options for loss-making factory

Legal & General is to halt new production at its loss-making modular housing factory near Leeds while it reviews the future of the business, putting 450 jobs at risk and casting doubt over the pioneering sector's prospects.

The factory, one of the biggest in the UK, manufactures homes in prefabricated modules that are put together on site, which is faster than tradition construction and has been hailed as a possible solution to the housing shortage.