Major UK housebuilders have so far promised to spend about £1.3bn to remove cladding and other fire hazards from mid-rise housing blocks, but are still short of the estimated £4bn needed to avoid another Grenfell Tower-style disaster.
On Wednesday Barratt Developments and Redrow were the latest to reveal how much they would put aside to address life-threatening fire safety issues in the housing developments constructed by the firms over the past 30 years. Barratt said the decision would cost it up to £400m, while the figure for Redrow is £200m.
