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The Latest Breaking News from Redrow

Housebuilders pledge £1.3bn for fire safety work on mid-rise blocks

Funds for remediation including removal of flammable cladding still short of £4bn government estimate

The Guardian - UK

Housebuilders Barratt and Redrow face bumper bills over cladding works

Barratt said its improvement works are expected to cost the business between £350 million and £400 million.

The Independent UK

House builders Redrow and MJ Gleeson join rivals in backing Gove’s cladding plans

The Government has won its battle to get developers to pay to fix cladding on three decades worth of buildings.

Evening Standard

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Redrow pledges £200m to address unsafe cladding

The housebuilder is one of the latest firms to sign up to the UK Government’s new Building Safety Pledge

Birmingham Post

Cladding works set to cost housebuilder Redrow £200m

Competitor MJ Gleeson also told shareholders on Wednesday that it has signed the Government’s building safety pledge.

The Independent UK

Redrow founder vows to pay for 1,000 Ukraine refugees to come to UK

Steve Morgan criticises UK response to crisis and urges government to speed up visa process

The Guardian - UK

Redrow founder Steve Morgan to pay for 1,000 Ukrainian refugees to enter the UK

The philanthropist has also pledged to pay for their accommodation costs for up to six months

Birmingham Post

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Royal Docks set to get new £50 million build-to-rent development

Pontoon Reach will provide 42 affordable rent and 53 shared ownership homes managed by Peabody

Evening Standard

Redrow record strong first half to financial year with revenues over £1bn

Pre-tax profits were up on the previous first half of 2021 by £29m

Birmingham Post

Soaring house prices lead to record revenue for housebuilder Redrow

British housebuilder Redrow has posted record half-year revenues of just over a billion, boosting profits by 16.6% to £203 million.

Evening Standard

Wall Street drops as interest rate rises loom after US inflation hits 7.5% – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

The East Midlands businesses helping young people during National Apprenticeships Week

News from BHW Solicitors, Purpose Media, Redrow, MIRA Technology Institute, Siemens, ALB Group and others

Birmingham Post

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