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LKP response to Robert Jenrick £3.5bn ‘exceptional intervention’ to cladding high-rises today

By Sebastian O'Kelly on Feb 10, 2021 02:20 pm
LKP response to Robert Jenrick £3.5bn ‘exceptional intervention’ to cladding high-rises today

Press release

Interviews available with Dean Buckner, LKP trustee and former Bank of England economist
Author of the ‘LKP proposal to Secure private sector funding for cladding and fire safety remediation’

1/ General points

Today’s announcement is the latest example of the crisis-driven, piecemeal approach by government to resolving the cladding and building safety crisis – more than 3 1/2 years after Grenfell.

It certainly helps leaseholders in high-rises, but those in blocks less than 18 metres will have forced loans imposed on them to sort out the errors of other people.

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