FK Facades and Construction placed into administration

Building envelope specialist FK Group’s main Facade and Construction businesses have fallen into administration with the loss of 40 jobs.
The businesses were toppled by prolonged industry pressures, including inflation, Building Safety Act delays, constrained insurance markets and a resurrected historical claim from ISG’s administrators.
The collapse of these core trading businesses has hit the group’s two biggest projects at Multiplex’s Elephant and Castle job in London