Fire safety work plunges Countryside to £182m loss

Countryside Partnerships has suffered a £182m pre-tax loss in the first six months after booking major provisions to pay for building fire safety work.
The reported loss includes a £109m provision for fire safety and £77m of impairments relating to the switch from a home developer to partnerships business.
The revised remediation provision will take total spend to £150m on a programme involving 123 buildings constructed within the last 30 years, 11 of which are registered