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…

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Keir 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…

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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…

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UK 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…

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Landlords 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…

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Michael 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…

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Gove 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…

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Michael 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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