Contractor on £77m Angelgate goes into administration

LIVERPOOL-based contractor PHD1 Construction, whose schemes include the £77m Angelgate in Manchester, has gone into administration.

Administrators from Oldham-based Bridgestones are now running the company.

Developer Pinnacle Group Companies sacked PHD1 as its main construction partner last month following “significant performance issues and delays”, according to Construction Enquirer.

Pinnacle said: “PHD1 construction were employed as a construction company on a number of develop... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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