Tory MPs blast ministers over cladding crisis in the wake of Grenfell inferno

Incompetent! Tory MPs blast ministers over cladding crisis in the wake of Grenfell inferno MPs of all stripes rounded on Government during a landmark Commons debate Labour motion called on ministers to provide funding to fix unsafe homes But the vote not binding although campaigners hailed it as ‘encouraging’   By Miles Dilworth Money Mail Reporter Published: … Read more

‘Ethical’ funds still hold shares in Grenfell fire firm

A number of leading ethical investment funds continue to hold shares in Grenfell fire firm Kingspan By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 GMT, 23 January 2021 | Updated: 21:52 GMT, 23 January 2021 A number of leading ethical investment funds continue to hold shares in Irish building materials business Kingspan.  This is … Read more

New building materials watchdog formed after Grenfell fire inquiry

A new regulator will be set up to ensure the safety of building materials after ‘deeply disturbing’ evidence of malpractice was heard at the Grenfell Inquiry, the Government has said. The investigation into the fatal fire which killed 72 people in 2017 has heard that some firms involved in the production of materials used on … Read more

Ministers consider £2bn levy on developers as families face £15bn bill for safe homes after Grenfell

Big building firms face a multi-billion-pound levy to help families pay to repair homes with dangerous cladding in the wake of the Grenfell fire. It could a mean a levy on all high rise flats and possibly a separate charge on major developments to atone for building tens of thousands of flats and homes with … Read more

Sales of flats HALVE as housing market is crippled by fire risk fears brought on by Grenfell

Sales of flats HALVE as housing market is crippled by fire risk fears brought on by Grenfell cladding crisis Flat prices halved amid fears over cladding similar to that on Grenfell Tower  In September last year flat transactions also fell by around 5,600, or 48 per cent Earlier was revealed homeowners could face £40,000 bill … Read more

Piles of ‘Grenfell’ insulation is being used to fix homes

Homeowners yesterday condemned plans to repair their flats with the combustible insulation used on Grenfell Tower. They were shocked to find crates of Kingspan Kooltherm K15 in their car park at the start of works to make their properties safe. The material is at the centre of the inquiry into the Grenfell fire, which cost … Read more

Building firms’ £15bn bonanza since Grenfell disaster

Building firms linked to Britain’s unsafe housing crisis have made more than £15billion in profit since the Grenfell Tower disaster. The astonishing success of major property developers and construction companies has allowed them to pay shareholders dividends of £5billion. The biggest ten firms paid their chief executives an average total salary of £2million in the … Read more

Millions are stuck with fire-trap homes after Grenfell blaze… and they are being hit by £2bn bill

Homeowners in dangerous buildings are being hit with crippling bills because ministers have ‘buried their heads in the sand’ since the Grenfell disaster. About four million people are affected, with more than a million flat-owners paying £2.2billion a year for safety measures and extra insurance. The scandal, which has left families stuck in fire traps … Read more

Scotland Yard probes French link to Grenfell fire

Scotland Yard probes French link to Grenfell fire: Bosses of company that made cladding for the tower block could face criminal charges under cross-Channel probe Employees of the French arm of supplier Arconic have refused to give evidence  Claude Wehrle, a fireman who was a technical manager, won’t give evidence Authorities in London and Paris … Read more

Bosses at French construction firm shun Grenfell inquiry citing obscure law

Bosses at French construction firm shun Grenfell inquiry citing obscure law used just once in 52 years as evidence reveals they knew flammable cladding was ‘substandard’ Three construction bosses say a French law prevents them from taking the stand The 1968 law stops company data being shared in proceedings abroad  Technical manager warned cladding was … Read more