Subbie failures plunge Seddon to £15m loss
Construction Enquirer
AUGUST 23, 2023
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. “This secondary cause of inflation increases our costs further due to disruption and increased cost of securing alternate subcontractors.”
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