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The Independent UK

National

Ben Chapman

Building safety scandal: Gove orders urgent investigation of ‘crippling’ insurance hikes

FCA Michael Gove Grenfell Tower

PA

Communities secretary Michael Gove has urged City regulators to crack down on “crippling”insurance hikes handed to leaseholders in blocks of flats.

In a letter to the Financial Conduct Authority, Mr Gove said he was “extremely concerned” about rocketing building insurance costs, which have added to the pain caused by big bills to fix fire safety defects.

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