Investors survey housebuilders as companies agree less onerous cladding pledge
Shares in some of the housebuilders are finally showing signs of life after a poor first quarter caused by concerns over the potential cost of fixing cladding on high-rise blocks.
In January, the Department for Levelling Up, Housing and Communities announced it wanted developers to contribute £4 billion to a new fund to remediate what it called life-critical safety issues on buildings over 11 ...