A Manchester apartment block at the centre of the recent cladding scandal has now been considered so high risk that it doesn’t even qualify for fire insurance.
An inspection at the Albion Works building in New Islington last year revealed a wide range of fire issues – with leaseholders claiming they were unknowingly sold unsafe homes.
The previous insurance policy for blocks D and E was due for renewal two weeks ago (September 1), but according to management company RMG, previous insurers are unwilling to provide cover any longer.
Freeholder Artisan H2 has so far failed to secure new fire insurance – meaning leaseholders are at risk of losing everything if a blaze breaks out.
In the meantime, RMG is urging residents to be vigilant when cooking and to avoid leaving naked flames unattended.
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Sarah, a first-time buyer at Albion Works, said: “It is terrifying that we not only have to live with the risk from combustible cladding but now we discover there is no insurance for the very thing our building has been found to be at a high risk from. I’d have more consumer rights if I’d bought a toaster.”
Artisan H2 has said it is making ongoing efforts to acquire cover, but after a fortnight of being left uninsured, residents are still waiting to hear more information.
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Leaseholders in Albion Works have already been billed £400,000 for fire wardens, £70,000 for fire alarm improvements, and £10,000 in consultancy fees.
Anyone who fails to fork out for the necessary repairs is being threatened with referrals to debt collection agencies.
Sarah says: “I now feel utterly trapped. I’ve had sleepless nights worrying about the safety of my home and I feel physically sick every time I receive an email from my management company as I have no idea how many thousands they will be billing me for now.
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“I am unable to make any plans for my future and I don’t know if the bills I am still to receive could bankrupt me.“
Another resident, Leanne is equally distraught.
“I was so proud as a single young female I managed to get myself on the housing ladder and was so grateful to have the help of the government’s Help to Buy scheme,” she said.
“Three years later I’m feeling as though the government don’t care that my property could be the next Grenfell, my life is on hold, my mental health is deteriorating, and my financial future is ruined.
“Why is the government allowing this to happen to us?”
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Albion Works has been registered for the government’s £1.6bn building safety fund.
However, this pot of money is only expected to cover a third of the British buildings requiring urgent repairs.
Decisions on funding allocations will apparently be made on a ‘first come, first served’ basis.
If the buildings do not qualify for the fund, leaseholders will have to foot the bill.
As buildings await confirmation on financial support, Albion Works residents remain stuck with no fire insurance in apartments worth £0.
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Responding to LBC, building owners Artisan H2 said they were “working day and night” to resolve the issue.
“We are committed to ensuring that the buildings are fully insured and we continue in daily discussions with a number of brokers in order to obtain full cover as quickly as possible,” said representatives.
“We appreciate the concern that this situation is causing, indeed as leaseholders of properties within the blocks we share the concern of our follow leaseholders. We are working day and night to obtain the best possible cover.
“We will keep all parties updated as soon as there is any movement on the insurance position.”
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Sunday Times Rich List – Sir Jim Ratcliffe remains richest man in North West despite losing £6bn
Daisy Jackson
The Sunday Times Rich List has today been released, revealing that Sir Jim Ratcliffe remains the richest man in the North West, and third-richest in the country.
The annual list names the richest of the rich across the UK, and the combined wealth of the 350 individuals and families listed in 2024 amounts to more than the GDP of Poland at £795.361 billion.
As well as Sir Jim Ratcliffe, who remains on the Sunday Times Rich List despite losing more than £6bn this year, other famous names include David and Victoria Beckham, Sir Elton John, and Lord Lloyd-Webber.
Representing the wealthiest in the North West are Michael Platt, The Duke of Westminster and the Grosvenor family, and Home Bargains boss Tom Morris.
The billionaire Issa brothers who own Asda and founded EG Group complete the top five richest people regionally.
Local man Sir Jim Ratcliffe, who made his billions through chemical giant Ineos, has almost double the wealth of runner-up Michael Platt.
He recently ran the London Marathon at the age of 71 and secured a 25% stake of his childhood football club Manchester United.
The Duke of Westminster, who inherited his title and a huge land and property portfolio at the age of just 25, remains the richest person under 40 in the UK.
Now 33 years old and recently moved to Cheshire, his fortune now stands at £10.127 billion.
He’ll soon lose his title as the ‘UK’s most eligible bachelor’ though, with the Duke set to marry Olivia Henson at Chester Cathedral next month.
Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Sunday Times Rich List suggests Britain’s billionaire boom has come to an end. Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away.
“Thousands of British livelihoods rely on the super-rich to some extent. We’ll have to wait and see whether we have now reached peak billionaire, and what that means for our economy.
“These may be harder times to create wealth, but The Sunday Times Rich List continues to unearth entrepreneurs building fortunes in diverse and often surprising ways. This year’s new entries include people who have made money from artificial intelligence and virtual worlds as well as plumbing supplies and teaching aides.
“We know many of our readers find such people — especially those from humbler backgrounds — very inspiring.”
The minimum entry to get onto the mega-rich list this year is a whopping £350m.
Teens could be recruited as train drivers to help ‘improve’ Britain’s railways amid ongoing strikes
Emily Sergeant
Teenagers could soon be recruited as train drivers in a bid to help “improve” Britain’s railways, the Government has announced.
Amid what have been ongoing strikes for the past couple of years now, and following on from the announcement back in February that ASLEF train drivers at several train companies and operators had voted ‘overwhelmingly’ to continue taking industrial action for another six months, the Government has now proposed lowering the minimum age to become a train driver from 20 to 18.
A consultation on the somewhat-controversial move is to be launched as part of the Government’s efforts to open up more careers in the rail sector to young people.
Ultimately, transport ministers believe this could “improve the reliability of rail services” across the UK.
Teens could be recruited as train drivers to help ‘improve’ Britain’s railways amid ongoing strikes / Credit: National Rail
This surprising recruitment drive announcement comes after the Government has revealed that the train driver workforce is projected to shrink without opening up more opportunities for new recruits in the near future – especially given the fact the average age of a train driver in Britain is 48 years old, and many are set to retire within the next five years or so.
Under the new proposals set to go out to consultation, the Department for Transport (DfT) will create a new pathway for school leavers to take up apprenticeships and train to join the profession.
If agreed following the consultation, the new regulations to lower the minimum age for train drivers from 20 to 18 could be in place as early as this summer, according to the Government, which will apparently “help set thousands of young people on track to a career in transport” once they’ve bid farewell to their school days.
The Government says its proposal to lower the minimum age would “build resilience” across the railway.
The Government has launched a consultation of the lowering of the minimum train driver age / Credit: Northern
Not only is the proposal said to form part of wider Government plans to create more opportunities where young people can gain the skills they need to succeed, all while generating more jobs that lead to a “productive” and “high-skilled” economy, but transport ministers believe attracting more young train drivers would help the rail industry provide a “more reliable service” for customers when other staff are off sick or on annual leave.
By opening up the sector to young people, the Government claims this would be “a positive step” and one that directly benefits passengers.
“We want to open the door for young people considering transport as a career, and this proposal could give school-leavers a clear path into the sector,” commented Rail Minister, Huw Merriman, as the proposals were unveiled this week.
We're asking for views on lowering the minimum age requirement to become a train driver in Great Britain from 20 to 18.
This could open the door to thousands of new opportunities for young people in transport.
“By boosting age diversity in the sector and attracting more drivers, we can help support reliable services while creating opportunities for more young people.”
If the proposals are introduced, the Government says all prospective train drivers, regardless of their age, will continue to be held to the same stringent training requirements as before to ensure the safe use of our railways for everyone.
To become a licensed train driver in the UK, trainees must pass mandatory medical, psychological, fitness, and general professional competence examinations.