Barratt claws back £38m from subcontractors in legacy job claims

Barratt Redrow has clawed back £38m from subcontractors over defects on legacy developments, helping offset mounting building safety costs as the house builder prepares to double remediation spending to £300m this year.
In a year-end trading update this morning, Britain’s biggest house builder highlighted the growing financial impact of legacy building issues, with the group taking an additional net legacy property provision charge of around £95m, alongside £13m of