Stewart Milne went down owing supply chain £153m

The Stewart Milne Group collapsed last month owing suppliers and subcontractors £153m.
The scale of the firm’s debts are revealed in a Companies House update from administrator Teneo which shows the house builder also owed the Bank of Scotland £107.9m.
Administrator Teneo said so far 1,375 unsecured creditors had come forward but more are expected despite little chance of them seeing any of their money.Stewart Milne Group went into administration last month with draft accounts