(4 days, 23 hours ago)
Lords ChamberMy Lords, we have waited seven years for action to be taken on this. The remediation acceleration plan will set out the full details of how we intend to take this forward, and the funding that has been set aside. Of course, we would have wanted to put more into this, but with a £22 billion black hole, it has not been possible to do so.
The National Audit Office recently published a report showing that of the £16.6 billion total remediation cost, £6.5 billion would be met by developers, private owners and social housing providers. But what about the manufacturers of the cladding, who the inquiry found had been systematically dishonest and deliberately misled through the test data, so as to mislead the market about the safety of the cladding in question? Are they going to foot any part of the total bill?
The noble Lord raises a very important question. The Prime Minister stated on the day the inquiry’s report was published that we
“will write to all companies found by the inquiry to have been part of these horrific failings, as the first step to stopping them being awarded Government contracts”.—[Official Report, Commons, 4/9/24; col. 312.]
Preliminary letters have been now written to all those organisations mentioned by name in the report, each of which bears a different level of responsibility for the failings that led to the Grenfell tragedy, including construction project manufacturers. We recognise the failings of the system for construction projects, and we announced our commitment to bring forward proposals for reform of the regulatory regime in a Written Ministerial Statement on 2 September.