Cladding firm M Price felled by post-Grenfell defects claim

Leading facade specialist M Price Group fell into administration after it lost a claim brought by Barratt Homes for defective cladding installed over 11 years ago.
The Enfield-based contractor was already struggling after Covid loan repayments and soaring costs on fixed-price contracts.
The 143-year-old group made and installed aluminium windows and curtain walling elements for high-rise buildings.The price of base materials, which typically represents 50% to 70% of the total costs of a project,