Leading Channel Isles builder goes bust

Jersey-based construction firm Camerons has gone bust blaming sharp increase in material and supply chain costs on fixed-price contracts.
Established in 1956, Camerons was one of the Channel Islands’ leading construction businesses. It employed 45 staff who have been made redundant, although the majority of those affected are subcontractors.
While Camerons had historically been profitable, the financial position of the firm declined irretrievably in recent months due to cost inflations whi