Posts Tagged ‘Budget’
What the Budget 2020 cladding announcement means:
Chancellor Rishi Sunak’s Budget statement confirmed £1 billion of additional funding will be allocated to the removal of unsafe cladding from residential buildings taller than 18 metres, in a move that has been hailed as a “ray of light” for thousands of homeowners still living in potentially high-risk properties. […] Click here to view original…
Read MoreGovernment allocate £1bn to remove all types of dangerous cladding with New Building Safety Fund
The new Building Safety Fund injects new funds to solve an old problem, will it be enough? In Rishi Sunak’s first Budget speech, he announced that the Government would be introducing a new Building Safety Fund of £1bn to help cover the costs of removing all types of unsafe […] Click here to view original…
Read MoreCladding fund “does not go far enough”, say experts
Experts and campaigners have warned the government’s new £1bn fund to remove dangerous cladding “does not go far enough” and that up to £10bn may be required. In his first Budget speech as chancellor yesterday, Rishi Sunak announced that funding would be extended to cover the removal of all […] Click here to view original…
Read MoreHousing sector welcomes ‘upbeat’ Budget
Chancellor announces measures to boost affordable housing and remove dangerous cladding from high-rise buildings The housing sector has welcomed the decision by Rishi Sunak to use his 2020 Budget to announce a series of spending initiatives, including a £12bn five-year affordable housing programme. The funding settlement includes £9.5bn of […] Click here to view original…
Read MoreBudget 2020: £1 billion Building Safety Fund announced to tackle Grenfell-style cladding
In the first budget of 2020, the newly-appointed Chancellor of the Exchequer, Rishi Sunak, has announced that extra funds will be made available from the Government to support the removal of combustible Grenfell-style cladding on tower blocks. Experts had already commented that the original £600m would not be enough, […] Click here to view original…
Read More£1 billion fund to remove unsafe cladding from high-rise buildings
Rishi Sunak announced the money to scrap all unsafe cladding from residential buildings over 18 metres tall in the Budget on Wednesday. Grenfell Tower Inquiry The Chancellor has announced a £1 billion fund to remove unsafe cladding from high-rise residential buildings, as the Government continues to “grapple” with the […] Click here to view original…
Read MoreShabana writes to Financial Conduct Authority on cladding scandal
This week Shabana has written to the Financial Conduct Authority on the cladding scandal, calling for an investigation into the conduct of insurers. A recent Westminster Hall debate brought to light further issues regarding the cladding on leasehold properties, namely issues around building insurance premiums and directors’ liability insurance. Shabana has also recently supported the…
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