Britain's government will seek an extra 4 billion pounds ($5.4 billion) from property developers to fund repairs to dangerous apartment blocks, in the wake of a fire that killed more than 70 people in 2017, the BBC reported.
The deadly blaze at Grenfell Tower, a 23-storey social housing block in west London, revealed the widespread use of flammable cladding on apartment blocks across the country, requiring expensive removal or round-the-clock fire watches.
"You may use a high-level 'threat' of tax or legal solutions in discussions with developers as a means to obtaining voluntary contributions from them," Simon Clarke, chief secretary to the Treasury, wrote to Michael Gove, secretary of state for housing. However, Clarke told Gove that if the property developers would not pay up, he would have to find the money from the existing housing budget.
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