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IN BRIEF: Barratt Developments signs Scottish Safer Buildings accord

ALN

Barratt Developments PLC - Leicestershire, England-based housebuilder - Signs Scottish Safer Buildings accord in Scotland. The accord is an industry commitment supporting the remediation and mitigation of external wall cladding systems on buildings of 11 metres and above. Says in signing the accord, Barratt commits to resolving life critical fire safety defects in a property which has a storey at a height of 11 metres or more above the ground; is a multi-occupancy residential domestic building; and has been built by Barratt as a developer in the period of 30 years ending on June 1, 2022.

‘We will work in good faith with the Scottish Government in order to support the remediation and/or mitigation of external wall cladding systems, where identified through a fire risk assessment, as required for in-scope buildings,’ Barratt says.

Current stock price: 467.30 pence each, down 1.2% on Wednesday afternoon in London

12-month change: down 7.4%

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