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September 8, 2024
PI Global Investments
Property

The property tycoons who have made £789 million since Grenfell


Stephen Conway once accused Michael Gove, the housing secretary, of acting like “the mafia” in demanding cash from developers to end the cladding scandal. Now ­the boss of Galliard Homes is one of a few individuals who have collectively received more money since the Grenfell fire than their companies have paid out to fix dangerous homes.

Since the disastrous fire a handful of executives and shareholders at Britain’s biggest developers have personally received a total of £789.1 million. That is 28 per cent more than the £617.3 million their nine companies have spent on fixing fire-risk flats they had built, a Sunday Times investigation reveals.

Courtney Hodgkiss, 43, on the balcony of her one-bedroom flat in north London. The developer Galliard has refused to remove flammable cladding from the block, a situation that left her in intensive care with a Crohn’s disease relapse triggered by stress

Courtney Hodgkiss, 43, on the balcony of her one-bedroom flat in north London. The developer Galliard has refused to remove flammable cladding from the block, a situation that left her in intensive care with a Crohn’s disease relapse triggered by stress

VICKI COUCHMAN FOR THE SUNDAY TIMES

It is seven years this month since the deaths of 72 people at Grenfell Tower, and two years since the



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