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Housing Today
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Rydon sets aside £27m for Grenfell civil claims settlement
Group including the contractor on the Grenfell Tower refurbishment also reports sharp drop in turnover in annual accounts
Grenfell Tower contractor Rydon made a provision of more than £27m to cover the cost of a settlement with more than 900 people affected by the 2017 blaze.
The group revealed in its latest accounts for the year ending 30 September 2022 it had set aside the sum ahead of the civil claims settlement with survivors and bereaved family members, which was reached in April this year.
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