Fine for asbestos leak

central london

A property investment firm owned by one of Britain’s richest families has been fined £180,000 for an ‘uncontrolled release’ of asbestos during building work. Cadogan Estates, owned by billionaire Earl Cadogan, failed to manage the risk of the deadly substance at Rosetti Studios, Flood Street, Chelsea, in June 2015. The firm admitted failing to ensure assessments were carried out regarding the presence of asbestos. Westminster Magistrates Court heard Cadogan Estates made £229m before tax last year and paid £89m in…

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