More than eight years on from the tragic Grenfell fire that claimed 72 lives, the U.K.’s home builders are still grappling with the long fall out from clearing up years of unsafe building practices.
Taylor Wimpey Plc has set aside £222 million ($297 million) to deal with the costs of repairing unsafe buildings, almost double its previous provision, according to a statement Wednesday. Coupled with a one off hit from a defective London project and a settlement relating to affording housing with the U.K.’s competition watchdog, the provisions pushed the company to a £92 million