Metnor supply chain debts hit £10m

More than 450 firms have been hit by the collapse of Metnor Construction with subcontractors and suppliers owed more than £10m.
An update from administrator FRP Advisory Trading Ltd said 468 creditors had been identified so far since the Newcastle-based contractor collapsed in February.
FRP blamed Mentnor’s demise on the withdrawal of a key funder alongside rising costs and loss making contracts.The administrator said unsecured creditors could expect some payment for their invoices b