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Keep up to dateBy Jordan Marshall2019-06-18T05:00:00
Fallout will see banks toughen up lending criteria, consultant warns
Mace has said that Interserve’s collapse into administration three months ago will mean its peers and subcontractors will be hit with increased costs.
In its latest tender cost update, the firm said the ramifications would mean contractors and subcontractors would see the cost of business increase with banks putting the squeeze on the terms of their lending conditions.
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