Building Firm Folds ; a Building Firm Went Into Administration Yesterday As the Bad News for the Property Industry Continued to Pile Up.

Summary


A building firm went into administration yesterday as the bad news for the property industry continued to pile up.

Forty jobs will go at Bristol builder Bicknell Construction because it no longer has enough work as a result of the credit freeze.

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Extract


Building Firm Folds ; a Building Firm Went Into Administration Yesterday As the Bad News for the Property Industry Continued to Pile Up.

The firm's demise was just the tip of the iceberg for the troubled property market.

Earlier leading house-builder Redrow announced annual profits had halved an...

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