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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Housebuilder Crest Nicholson sets aside £28.8 million to cover fire safety costs

Crest Nicholson boss Peter Truscott

(Picture: Crest Nicholson)

House builder Crest Nicholson has set aside £28.8 million to cover the potential cost of fire safety work on its past developments.

The company disclosed the provisions in its final results, published today. Provision costs rose from just £600,000 a year earlier and take the total set aside by the company to cover work on “combustible materials” to £42.6 million.

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