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Call to sanction cladding suppliers that made £7.5bn profit since Grenfell disaster

Manufacturers of insulation installed on the tower have yet to agree a voluntary funding scheme to fix dangerous buildings

Cladding and insulation manufacturers whose products were involved in the Grenfell Tower fire face calls for sanctions after failing to pay into multibillion-pound funding schemes to fix the country’s unsafe residential blocks.

The building supply firms Saint-Gobain and Kingspan have reported more than £7.5bn in global profits since the fire in June 2017 in west London which killed 72 people, corporate filings reveal. Combustible insulation products manufactured by both firms were installed on the tower.

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