The inquiry, chaired by Sir Martin Moore-Bick, is yet to deliver its final report,
Evidence to the inquiry showed official guidance was widely seen to allow highly flammable cladding on tall buildings.
When asked if accepted the rules were wrong Mr Gove replied: “Yes.
“There was a system of regulation that was faulty. The government did not think hard enough, or police effectively enough, the whole system of building safety. Undoubtedly.”
“I believe that (the guidance) was so faulty and ambiguous that it allowed unscrupulous people to exploit a broken system in a way that led to tragedy,” Mr Gove added.
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It comes after the inquiry’s final hearing in November heard that firms appeared to have used the inquiry to “position themselves for any legal proceedings” that may follow it, instead of showing remorse.
In closing submissions, lead counsel Richard Millett KC accused companies of a “merry go round of buck-passing” in order to protect their own interests.
On Monday, the housing secretary will announce a six-week deadline for developers to sign a government contract to fix their unsafe towers – or be banned from the market.
“Those who haven’t (signed) will face consequences. They will not be able to build new homes,” Mr Gove added.
The minister will use the so-called “responsible actor scheme”, to be established in the spring, to block such companies from getting planning or building control approval.
Sky News learnt that major companies including Barratt Developments and Persimmon are preparing for the imminent signing of a legally binding contract with the government that could ultimately cost the industry £5bn or more.
One executive said they expected the final contract to be signed and unveiled as soon as next week, although they cautioned that the timing remained fluid.
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2:10
Grenfell: ‘We’ll fight to the end’
Last year, dozens of developers signed a pledge to fix buildings constructed since the early 1990s, with revisions to the deal with government in recent weeks having focused on the scope of companies’ exposure.
The Grenfell inquiry heard many of the companies involved in the tragedy have failed to accept blame for their role in the events prior to the disaster, showing what Mr Millett called a “lack of respect” for the victims and their families.
The inquiry also heard from Jason Beer KC, for the department of levelling up, housing and communities, who said the department “apologises unreservedly” for its failure to recognise weaknesses in the regulatory system.
“The department recognises that it failed to appreciate it held an important stewardship role over the regime and that as a result it failed to grasp the opportunities to assess whether the system was working as intended,” he said.
“For the department’s failure to realise that the regulatory system was broken and that it might lead to a catastrophe such as this, the department is truly sorry and apologises unreservedly.”
Concluding the hearing, inquiry chairman Sir Martin said the panel had already started working on its final report and promised to produce it “as soon as we can”.
Michael Gove will be appearing on the Sophy Ridge on Sunday programme on Sky News from 8.30am this morning.
Donald Trump’s Middle East envoy has met Israel’s prime minister in an effort to secure a ceasefire deal in Gaza before the president-elect takes office on 20 January.
Benjamin Netanyahu’s office confirmed details of the meeting with Steve Witkoff on Saturday, adding that the head of the Israeli Mossad intelligence agency has been deployed to Qatar in order to “advance” talks.
It was not immediately clear when David Barnea would travel to Doha for the latest round of indirect discussions between Israel and Hamas.
Earlier on Saturday, an Israeli official said some progress had been made, mediated by Egypt, Qatar and the United States, to reach a deal in Gaza.
The mediators are making renewed efforts to halt fighting in Gaza and free the remaining Israeli hostages held there before Mr Trump takes office.
A deal would also involve the release of some Palestinian prisoners held in Israeli jails.
Families of Israeli hostages welcomed Mr Netanyahu’s decision to dispatch the officials, with the Hostages and Missing Families Forum Headquarters describing it as a “historic opportunity”.
Mr Witkoff arrived in Doha on Friday and met the Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Qatar’s foreign ministry said.
Egyptian and Qatari mediators received reassurances from Mr Witkoff that the US would continue to work towards a fair deal to end the war soon, Egyptian security sources said, though no further details were released.
Israel launched its assault on Gaza after Hamas fighters stormed across its borders in October 2023, killing 1,200 people and taking more than 250 hostages, according to Israeli figures.
Families of the roughly 100 hostages still held in Gaza are pressing Mr Netanyahu to reach a deal to bring their loved ones home.
Since then, more than 46,000 people have been killed in Gaza, according to Palestinian health officials, with much of the area destroyed and gripped by a humanitarian crisis, with most of its population displaced.
Pope Francis has been honoured with America’s highest civilian award by President Joe Biden, who has described the pontiff as “a light of faith, hope, and love that shines brightly across the world”.
It is the first time Mr Biden, 82, has given the Presidential Medal of Freedom with Distinction during his four years in office.
In a statement, the White House said the award is “presented to individuals who have made exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavours”.
Mr Biden had been scheduled to present the medal to Pope Francis, 88, in person on Saturday in Rome on what was to be the final overseas trip of his presidency. But the president cancelled his visit to monitor the California wildfires.
The White House said Mr Biden bestowed the award during a phone call in which they also discussed efforts to promote peace and alleviate suffering around the world.
The award can be presented with or without distinction.
Mr Biden presented the medal of freedom – without distinction – on 5 January to several people including fellow Democrat Hillary Clinton, humanitarian and U2 singer Bono, fashion designer Ralph Lauren and actors Michael J Fox and Denzel Washington.
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Mr Biden himself is a recipient of the award with distinction, recognised when he was vice president by then president Barack Obama in a surprise ceremony eight years ago.
The citation for the pope’s honour said his “mission of serving the poor has never ceased”.
“A loving pastor, he joyfully answers children’s questions about God. A challenging teacher, he commands us to fight for peace and protect the planet. A welcoming leader, he reaches out to different faiths,” it added.
Ukraine has captured two North Korean soldiers fighting in Russia’s Kursk region, President Volodymyr Zelenskyy has said.
The injured pair are now in Kyiv and communicating with the Security Service of Ukraine, the country’s domestic intelligence agency, he said.
Ukrainian special forces and paratroopers captured the North Koreans, Mr Zelenskyy said in a post on X.
“As with all prisoners of war, these two North Korean soldiers are receiving the necessary medical assistance,” he said.
“I have instructed the Security Service of Ukraine to grant journalists access to these prisoners.
“The world needs to know the truth about what is happening.”
Mr Zelenskyy said capturing the soldiers alive was “not easy”. He also claimed Russian and North Korean forces fighting in Kursk have tried to conceal the presence of North Korean soldiers, including by killing wounded comrades on the battlefield to avoid their capture and interrogation by Ukraine.
The post included images of the two men – one with a bandage around his jaw and the other around both hands and wrists – and what appeared to be a Russian military document.
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0:40
Ukrainian drone targets Kursk soldiers
Ukraine’s security service SBU on Saturday provided further details.
It said one of those detained had no documents at all, while the other had been carrying a Russian military ID card in the name of a man from Tuva, a Russian region bordering Mongolia.
“The prisoners do not speak Ukrainian, English or Russian, so communication with them takes place through Korean translators in cooperation with South Korean intelligence,” a statement said.
One of the soldiers claimed he had been told he was going to Russia for training, rather than to fight against Ukraine, according to the SBU.
The agency added both men are being provided with medical care in line with the Geneva Conventions, and investigated “in cooperation with South Korean intelligence”.
North Korean regular troops entered the war on Russia’s side in October, according to Ukraine and its Western allies.
US, South Korean and Ukrainian intelligence assessments suggest up to 12,000 North Korean combat troops have been sent by Pyongyang under a pact with Moscow.
They believe North Korea has also been supplying Russia with vast quantities of artillery shells.