Seven housebuilders have pledged to pay a record £100 million to help fund affordable new homes after an investigation into whether they shared commercially sensitive information.
The Competition and Markets Authority (CMA) said the developers, Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry, offered the payment as part of a package of commitments to address concerns following the probe, which was launched last year.
