Cost of Cleveland Bridge administration doubles

By Dave Rogers2022-02-24T07:00:00

Firm collapsed last summer before finally stopping trading last October

Administrators for Cleveland Bridge have revealed that the cost of dealing with the steelwork specialist’s collapse has more than doubled to over £460,000.

FRP Advisory was appointed last July when the 150-year-old firm, best known in recent years for its work helping rebuild Wembley Stadium, sank into administration owing creditors nearly £22m.

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