"Grenfell cladding firm Arconic paid shareholders £23m more in compensation than to fire victims", 18 August 2026

The company behind Grenfell Tower’s flammable cladding gave more compensation to its shareholders than to victims of the disaster, an investigation has found.

Arconic, which made and sold the cladding panels found to be the “primary cause” of the rapid spread of the Grenfell fire, paid $74m (£54.7m) to its shareholders for economic loss they incurred after the blaze.

In contrast, the company paid $43m (£31.8m) to the estates of the fire’s victims and survivors after a lengthy legal battle. Across both payouts, all but $2m was covered by Arconic’s insurers...

Arconic declined to comment.