Notes to the Consolidated Financial Statements

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for the year to 31 December 2007

6. Staff costs

2007 2006
Number Number
Average number employed    
Housing United Kingdom including Corporate 4,744 2,658
Housing North America 1,173 1,108
Housing Spain and Gibraltar 171 157
Construction 3,639 4,235
9,727 8,158
United Kingdom 6,175 4,079
Overseas 3,552 4,079
9,727 8,158
£m £m
Remuneration  
Wages and salaries 314.2 245.6
Redundancy costs 15.4
Social security costs 34.0 23.3
Other pension costs 16.3 15.2
379.9 284.1

Key management comprises the Board and other employees who serve on the Executive Committee. The Executive Committee advises the Chief Executive on issues pertaining to the business and the implementation of Board policy.

The information required by the Companies Act 1985 and the Listing Rules of the Financial Services Authority is contained in the Directors' Remuneration Report.