Developer fails hitting London building team for £2.6m

The collapse of a developer behind a planned super-prime residential scheme on London’s Victoria Embankment has left main contractor Ant Yapi and consultants owed over £2.6m.
A special purpose vehicle, Doulton Development, was set up by Australian developer Thirdi to buy the existing Westminster Tower building so that it could be redeveloped into 28 luxury flats.
The SPV enlisted the professional team and last June signed up contractor Ant Yapi to advance the 18-storey project, marke