Subcontractors fear Buckingham debts could top £100m
Subcontractors fear bad debts owed to the supply chain following the collapse of Buckingham group could top £100m.
Buckingham formally entered administration last week with only the rail division saved so far following a sale to Kier.
Sources close to Buckingham’s highest profile contract – Liverpool’s new £60m Anfield Road Stand – said debts owed on that job alone to suppliers were around £20m.One subcontractor added: “The amount of cash owed to s
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