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Housebuilder Persimmon sets aside £75m for cladding removal

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Developer identifies 26 multistorey buildings that may be affected

The housebuilder Persimmon has set aside £75m to pay for any work needed to remove cladding on its high-rise buildings after a review of its past developments.

The developer is mostly known for constructing family homes but has identified 26 multistorey buildings it constructed that have cladding that may need to be removed.

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