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Government unveils £1bn cladding replacement fund

The government has revealed details of its new £1bn building safety fund to remove dangerous cladding from high-rise buildings.

The fund will meet the cost for removing unsafe non-ACM cladding on residential buildings that are 18m and over.

Publishing a new prospectus for the fund, the government said it was mainly targeted at supporting leaseholders in the private sector facing significant bills.

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