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​Cleveland Bridge set to end nearly 150 years of business and close later this month

By 2021-09-09T20:57:00

cleveland bridge

Administrators for stricken steel firm warn talks with potential rescuer are close to petering out

Administrators for Cleveland Bridge have admitted hopes of finding a buyer for the stricken firm have to come to nought with the business set to shut for good the week after next.

The firm collapsed into administration in July with FRP Advisory warning that the £48m turnover business, which began trading in 1877, would be wound up if it could not find a buyer soon.

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