£3.5bn fund to fix dangerous cladding will leave half a million people facing financial difficulties

Boris Johnson stands accused of betraying homeowners after ministers unveiled a £3.5bn fund to fix dangerous cladding which risks leaving an estimated half a million people still facing financial difficulties.

The prime minister faced a backlash from his own MPs after the housing secretary, Robert Jenrick, announced that homeowners in blocks less than 18 metres tall would be left out of a new cladding crisis fund. They will be offered long-term low-interest loans instead, which some said risked pushing them into negative equity.

Continue reading…

You May Also Like

‘A game of two halves’: how Bristol protest went from calm to mayhem

Protesters recount how ‘kill the bill’ march escalated into one of the…

Chips with everything: how one Taiwanese company drives the world economy

A Covid-driven global shortage of microchips has put manufacturer TSMC at the…

Billie Eilish Wears Vegan Shoes. Should You?

Off Brand is a thrice-monthly column that delves into trends in fashion…