Cladding
Gove warns shareholders of ‘consequences’ if cladding firms don’t pay up
Kingspan, Arconic and Saint-Gobain have yet to commit money towards repairs Michael Gove has warned the shareholders of three cladding firms of “severe consequences” if they fail to put forward a comprehensive financial package to help fix unsafe buildings. The housing secretary has written to investors in Kingspan, Arconic […] Click here to view original…
Read MorePeer launches bid to force developers breaching building regulations to pay for all defects
The Earl of Lytton’s “polluter pays” amendment to the Levelling Up and Regeneration Bill will be debated on Monday The House of Lords on Monday will debate a possible amendment to the Levelling Up and Regeneration Bill that would see developers pay in full for building defects if they […] Click here to view original…
Read MoreKeir Starmer gets free football tickets from firm forced to pay out £10.8m over defective cladding in landmark case after Grenfell Tower fire (… and Labour leader sees his beloved Arsenal throw away a two-goal lead)
Sir Keir Starmer got free football tickets from a firm that was ordered to pay out £10.8million over defective cladding in a landmark court ruling after the Grenfell Tower disaster. The Labour leader has declared a donation of hospitality match tickets, valued at £1,070, from Mulalley & Co Limited […] Click here to view original…
Read MoreGove warns shareholders of ‘consequences’ if cladding firms don’t pay up
Kingspan, Arconic and Saint-Gobain have yet to commit money towards repairs Michael Gove has warned the shareholders of three cladding firms of “severe consequences” if they fail to put forward a comprehensive financial package to help fix unsafe buildings. The housing secretary has written to investors in Kingspan, Arconic […] Click here to view original…
Read MoreUK warns shareholders in Grenfell cladding of ‘severe consequences’
Michael Gove wrote to Kingspan, Arconic, and Saint-Gobain shareholders, urging them to leverage their position of influence. Credit: Ivan Liakhovenko/Shutterstock. UK State Housing Secretary Michael Gove has warned shareholders in the three Grenfell cladding component producers that they will face severe consequences if they fail to provide a detailed […] Click here to view original…
Read MoreLandlords gain right to sue over rip-off insurance policies
The City watchdog is clearing the way for millions of buy-to-let landlords and flat owners to claw back billions of pounds lost in secret building insurance commissions. Leaseholders will be defined as customers of buildings insurance under new rules planned by the Financial Conduct Authority (FCA) that will give […] Click here to view original…
Read MoreMichael Gove warns firms who won’t fix fire-risk flats
Michael Gove condemned “shocking practices” at companies that made Grenfell Tower’s cladding Michael Gove warned investors who own £4 billion of shares in Grenfell cladding companies of “severe consequences” if the firms do not pay to fix fire-risk flats across Britain. The levelling-up secretary urged titans including Nicolai Tangen, […] Click here to view original…
Read MoreUK Government Warns Investors Of ‘Severe Consequences’ For Cladding Companies Who Refuse To Remediate
Share on Facebook Tweet on Twitter ( MENAFN – Caribbean News Global) LONDON, England – Shareholders in three cladding companies, whose shocking practices were uncovered in evidence heard at the Grenfell Inquiry, have been warned by the government that the manufacturers they invest in will face“severe consequences” if they […] Click here to view original…
Read MoreGove leans on big investors behind Grenfell cladding firms
Housing secretary Michael Gove has warned shareholders of the three Grenfell cladding component manufacturers that the firms they invest in will face “severe consequences” if they fail to fund their share of the building remediation programme. Gove has written to investors in Kingspan, Arconic, and Saint-Gobain. He has urged […] Click here to view original…
Read MoreMichael Gove urges investors to pressure cladding companies over housing repair costs
The government has already secured more than £2bn of commitments from 46 developers and housebuilders to resolve ‘life-critical fire-safety defects’ on tall buildings the companies had a role in developing or refurbishing © Danny Lawson/PA Michael Gove, UK housing secretary, has urged big investors including BlackRock and Vanguard to […] Click here to view original…
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