Grenfell – England is letting companies pass the buck
In the Guardian today, the above and: There is something profoundly wrong when the company behind Grenfell Tower’s flammable cladding paid more compensation to its shareholders than to victims of the disaster. Of Arconic’s £86m in Grenfell-related settlements, all but £1.5m was covered by insurers. Hardly enough to make a multinational think again. The company whose product the inquiry found was the “primary cause” of the fire’s rapid spread has ended up paying only a fraction of the wider social cost, while the multibillion-pound bill for making hundreds of buildings safe falls largely on the state. In June 2017, 72 people – … Continue reading Grenfell – England is letting companies pass the buck
