Thatcher stopped independent "Building safety" and "Material certification" as she believed in a reckless free for all capitalism for businesses. This de-regulation left a harmful legacy. A recent horror has been the disaster of Grenfell tower, when 72 people lost their lives. So who is to blame?
The main flaw was cladding that created a fire trap around the tower block. It now turns out that 11m people are trapped and unable to sell in modern buildings that are surrounded with this cladding. The construction firms of this cladding were left to do their own inspections – rather than an independent inspection firm. So who is liable and who should pay to remove all this cladding?
On Newsnight they spoke of the tax payer footing the bill, just as the tax payer had to pay for the banking collapse of 2008 – rather than the banks. The Tories plan is even further de-regulation.
The Tories unregulated capitalism means we all pay a price.