Subbie failures plunge Seddon to £15m loss

Failure of several key subcontractors on major projects saw Seddon Construction suffer a £15m loss last year.
The construction arm of the Seddon Group, which only returned to profit of £2m last year after a prior year loss, was also hit by market inflation, project delays and fire safety remediation costs.
CEO Jonathan Seddon said: “Inflation has put pressure on our supply chain such that we have seen several failures of key subcontractors throughout 2022.“This secondary