Squibb Group tries to strike deal with creditors

Demolition specialist Squibb Group is trying to strike a deal with its creditors under a Company Voluntary Arrangement.
The Enquirer understands letters were sent out to suppliers owed money by Squibb last week as the directors called in Begbies Traynor in a bid to survive a cash-flow crisis.
The company has been in business for more than 75 years and is one of the most famous names in the UK demolition sector.Squibb Group was among ten firms fined a total of nearly £60m in March following