Grenfell Tower: Landmark report finds government ignored warnings about fire risks of high-rise buildings

Published

10 months ago

September 4, 2024

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The government was “well aware” of the deadly risks posed by combustible cladding and insulation a year before the Grenfell Tower fire, but “failed to act on what it knew”, a landmark report has found.

The report also said “systemic dishonesty” from cladding and insulation companies and a “toxic” relationship between the tower’s residents and the Tenant Management Organisation (TMO), which was responsible for running services, were contributing factors.

More than seven years on from the fire that claimed 72 lives, Grenfell Inquiry chair Sir Martin Moore-Bick has published his final findings into how the building in west London came to be in such a deadly state.

Sir Martin also concluded:

• Government officials were “complacent, defensive and dismissive” on fire safety, while cutting red tape was prioritised

• There was an “inappropriate relationship” between approved inspectors and those they were inspecting

• Grenfell residents who raised safety concerns were dismissed as “militant troublemakers”

The report details what it calls a “path to disaster” and “decades of failure”.

It asked: “How was it possible in 21st century London for a reinforced concrete building, itself structurally impervious to fire, to be turned into a death trap?”

“There is no simple answer to that question.”

Sir Martin’s report runs to nearly 1,700 pages, and encompasses years of work and the testimony of hundreds of witnesses.

It contains 58 recommendations to ensure a similar disaster never happens again.

Complacency in government

The first phase of the inquiry’s report found in 2019 that combustible cladding was the primary cause of the rapid spread of the fire.

The inquiry has now concluded that the tragedy was the culmination of those in charge failing for decades to properly consider the risks of combustible materials on high-rise buildings, while ignoring the mounting evidence before them.

Successive governments missed opportunities to prevent the tragedy.

The deadly risks of combustible cladding panels and insulation had been identified as early as 1991, when a fire engulfed the Knowsley Heights tower block in Huyton, Merseyside.

The block had recently been covered in “rainscreen” cladding.

Six people were killed at Lakanal House in Camberwell, south London, in 2009 after a fire spread to combustible cladding.

“By 2016 the department [for communities and local government] was well aware of those risks, but failed to act on what it knew,” the report states.

It adds that by the time Grenfell Tower was being renovated in the 2010s, a “seriously defective” system was in place to regulate the construction and refurbishment of high-rise buildings.

Unsafe products kept on market and dangers ‘deliberately concealed’

The report condemns cladding and insulation firms involved in this work, saying they engaged in “deliberate and sustained strategies to manipulate the testing processes, misrepresent test data and mislead the market”.

It said that “systemic dishonesty” from the companies resulted in hazardous materials being applied to the block.

Arconic, the company that made cladding for Grenfell Tower, “deliberately concealed” the danger of the panels used on the tower, while Celotex, which supplied most of the insulation, similarly “embarked on a dishonest scheme to mislead customers”.

Kingspan knew its insulation product failed fire safety tests “disastrously” but continued to sell it to high-rise buildings, the report found.

The firms got away with this because the various bodies designed to oversee and certify their products repeatedly failed to monitor and supervise them.

Grenfell residents dismissed as ‘troublemakers’

There was also harsh criticism of the Tenant Management Organisation (TMO), which was responsible for running services at Grenfell Tower.

Residents who raised concerns about safety were dismissed as “militant troublemakers”, while there was “a toxic atmosphere” with the TMO “fuelled by mistrust of both sides”.

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Relations “were increasingly characterised by distrust, dislike, personal antagonism and anger” and “some, perhaps many, occupants of the tower regarded the TMO as an uncaring and bullying overlord that belittled and marginalised them”.

The TMO and the Royal Borough of Kensington and Chelsea were jointly responsible for managing fire safety at Grenfell Tower – but the years between 2009 and 2017 were marked by a “persistent indifference to fire safety”, the report said.

Next steps

The Counsel for the inquiry has accused parties involved in the disaster of a “merry-go-round of buck-passing” – largely blaming each other for the disaster.

The inquiry can’t make findings of civil and criminal liability.

Now its work is complete, the police investigation into the disaster will continue.

The UK Tonight With Sarah-Jane Mee will have a special programme on the Grenfell Tower report at 8pm on Sky News

Business

Trump fires tariff threats at more nations as EU ‘ready for all scenarios’

Published

3 hours ago

July 9, 2025

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Trump fires tariff threats at more nations as EU 'ready for all scenarios'

Donald Trump has revealed a list of more nations set to face delayed ‘liberation day’ tariffs from 1 August.

He has threatened tariffs of 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova and 20% on the Philippines. Sri Lanka was later told it faced a 30% duty.

Letters setting out the planned rates – and warning against retaliation – are being sent to the leaders of each country.

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They were the latest to be informed of the president‘s plans after Japan and South Korea were among the first 14 nations to be told of the rates they must pay on their general exports to the US from 1 August.

The duties are on top of sectoral tariffs, covering areas such as steel and cars, already in place.

Mr Trump further warned, on Tuesday, that a 50% tariff rate on all copper imports to the US was looming.

He has also threatened a 200% rate on pharmaceuticals and is also expected to take aim at all imports of semiconductors too.

The European Union, America’s largest trading partner in combined trade, services and investment, is expected to get a letter within the next 48 hours unless further progress is made in continuing talks.

The bloc, which Mr Trump has previously claimed was created to “screw” the US, has been in negotiations with US officials for weeks and working to agree a UK-style truce by the end of the month.

The EU has retaliatory tariffs ready to deploy from 14 July but it is widely expected to delay them until such time that any heightened US duties are imposed.

It remains hopeful of a deal in the coming days but European Commission president Ursula von der Leyen told the European Parliament: “We stick to our principles, we defend our interests, we continue to work in good faith, and we get ready for all scenarios.”

While the UK’s so-called deal with Mr Trump is now in force, it remains unclear whether steelmakers will have to pay a 50% tariff rate, deployed by the US against the rest of the world, as some final details on an exemption are yet to be worked out.

The rate is currently 25%.

Business

Nvidia wins race to become first $4trn listed company

Published

6 hours ago

July 9, 2025

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Nvidia wins race to become first trn listed company

Nvidia has become the first stock market-listed company to achieve a value of $4trn.

Its share price rose by more than 2% at the market open on Wall Street to reach the milestone moment.

It was achieved just over a year since Nvidia overcame the $3trn barrier and overtook Apple, in market cap terms, in the process.

The AI-focused chipmaker has been the darling of Wall Street for many years.

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The value of its shares has risen by 409,825% since its market debut in 1999.

Its status has been cemented thanks to the rush for AI technology – suffering several wobbles along the way – but nothing significant when you refer to the percentage rise of the past 26 years.

The most recent pressures have come from the emergence of the low-cost chatbot DeepSeek and concerns for global AI demand as a result of Donald Trump’s trade war hitting growth.

Financial markets have been taking a more risk-on approach to the trade war since the delays to “liberation day” tariffs in April.

It’s explained by a market trend that’s become known as the TACO trade: Trump always chickens out.

It has helped US stock markets post new record highs in recent days.

The wave of optimism is down to the fact that the president is yet to follow through with the worst of his threatened tariffs on trading partners.

Corporations are also yet to report big hits to their earnings – a fact that is also propping up demand for shares.

If Mr Trump does go all-out in his trade war, as he has now threatened from 1 August, then that $4trn market value for Nvidia – and wider stock markets – could be short-lived, at least in the short term.

But market analysts believe Nvidia’s value has further to go.

Matt Britzman, senior equity analyst at Hargreaves Lansdown, said of its meteoric rise: “Once known for powering video games, NVIDIA has transformed into a foundational player in AI infrastructure.

“Its high-performance chips now drive everything from natural language processing to robotics, making them essential to training and deploying advanced AI models.

“Beyond hardware, its full-stack ecosystem – including software platforms and developer tools – helps companies scale AI quickly and efficiently. This end-to-end approach has positioned Nvidia as a cornerstone in a market where speed, scalability, and efficiency are critical.”

He added: “The key question is where it goes from here, and while it might seem strange for a company that’s just passed the $4trn mark, Nvidia still looks attractive.

“Growth is expected to slow, and it’s likely to lose some market share as competition and custom solutions ramp up. But trading at a relatively modest 32 times expected earnings, and over 50% top-line growth forecast this year, there’s still an attractive opportunity ahead.

“For investors, it remains a compelling way to gain exposure to the AI boom – not just as a participant, but as one of its architects.”

Business

Greater risk to UK economy following Trump’s tariffs, says Bank of England

Published

6 hours ago

July 9, 2025

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Greater risk to UK economy following Trump's tariffs, says Bank of England

The future of the UK economy is weaker and more uncertain due to President Trump’s tariffs and conflict in the Middle East, the Bank of England has said.

“The outlook for UK growth over the coming year is a little weaker and more uncertain,” the central bank said in its biannual health check of the UK’s financial system.

Economic and financial risks have increased since the last report was published in November, as global unpredictability continued after the announcement of country-specific tariffs on 2 April, the Bank’s Financial Stability Report said.

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These risks and uncertainty, as well as geopolitical tensions, like the wars in Ukraine and the Middle East, are “particularly relevant” to UK financial stability as an open economy with a large financial sector, it said.

Pressures on government borrowing costs are “still elevated” amid significant doubts over the global economic outlook.

Had a 90-day pause on tariffs not been announced, conditions could have worsened, the report added.

The chance of prices rising overall has also grown as tensions between Iran and Israel and the US threaten to push up energy prices.

Possible higher inflation in turn raises the prospect of more expensive borrowing from higher interest rates to bring down those price rises. This compounds the pressure on state borrowing costs.

Mortgages

Borrowing costs for about 40% of mortgage holders are set to become costlier over the next three years as households refix to more expensive deals, affecting 3.6 million households, the Bank said.

Many homes have not refixed their mortgage since interest rates began to rise in 2021, meaning the full impact of higher rates has yet to filter through.

Those looking to get on the property ladder got a boost as the Bank said lenders could issue more loans deemed to be risky, meaning people could be able to borrow more.

Financial institutions can now have 15% of their new mortgages deemed risky every year, up from the current 9.7%.

Riskier mortgages are those with a loan value above 4.5 times the borrower’s income.

Be ‘prepared for shocks’

Despite the global and domestic economy concerns, the outlook for UK household and business resilience remained “strong”, the Bank said.

Investors, however, were warned that there could be “sharp falls in risky asset prices”, which include shares and currencies.

If there are any vulnerabilities in non-bank lenders, it “could amplify such moves, potentially affecting the availability and cost of credit in the UK”.

“It is important that in their risk management, market participants [people involved in investing] are prepared for such shocks.”

The steep market reaction following the tariff announcements in April “highlights that the interconnectedness of global financial markets can mean stress from one market can move quickly to others,” the report said.

Overall, though, “household and corporate borrowers remain resilient”, the Bank concluded.