Thursday 9 May 2019

Minister Hits Out At UK Property Firms Over £200m Cladding Bailout


The behaviour of some of Britain’s biggest property owners has been criticised as morally indefensible by the government after ministers were forced to launch a £200m taxpayer bailout to fix combustible Grenfell-style cladding on private residential towers. James Brokenshire, the housing secretary, announced he was diverting public money to make safe about 20,000 high-rise homes, in an embarrassing defeat for the government after a months-long standoff with property firms where many refused to pay. Brokenshire’s plan immediately ran into internal opposition when Melanie Dawes, his most senior civil servant, said it was bad value for money for the taxpayer and regressively diverted money to richer parts of the population Read more on the Guardian website.

No comments: