Britain’s biggest housebuilders have agreed to pay £100m towards affordable homes to avoid a regulator’s decision on whether they broke competition law, reports BBC News.
BBC News writes:
Britain’s biggest housebuilders have agreed to pay £100m towards affordable homes to avoid a regulator’s decision on whether they broke competition law…. also agreed not to share commercially sensitive information such as how much houses have sold for ‘except in limited circumstances’…
The majority of the housebuilders said they welcomed the CMA’s decision, adding that the £100m payment is not an admission of wrongdoing.
