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UK's Barratt joins rivals in pledge over fire safety measure

UK's Barratt joins rivals in pledge over fire safety measure
UK's Barratt joins rivals in pledge over fire safety measure   -   Copyright  Thomson Reuters 2022
By Reuters

– Britain’s top homebuilder Barratt Developments Plc on Wednesday joined rivals in signing a government-mooted pledge to remove flammable roof coverings from buildings, which came into focus after the deadly Grenfell Tower fire in London in 2017.

Barratt, which signed the pledge a day after rivals Persimmon and Taylor Wimpey, said it expects an expense of about 350 million-400 million pounds ($458.2 million-$523.7 million) to make the fire safety-related changes after it reviewed its buildings above 11 metres high built over the last 30 years in England, Scotland and Wales.

The removal of flammable rooftop covering or cladding became a hot political topic after the Grenfell Tower tragedy in which over 70 people died in a fire in the high-rise block in London, fuelling a widespread inquiry into fire safety of buildings.

($1 = 0.7638 pounds)