Midas blames pandemic as firm collapses into administration with loss of 300 jobs

By Dave Rogers2022-02-09T10:17:00

Rescue hopes for 46-year-old firm founder in last few days

Midas chairman Steve Hindley has blamed the impact of the pandemic after the 46-year-old firm collapsed into administration yesterday with the loss of more than 300 jobs.

The Exeter-based contractor is the biggest name to fold since listed civils and building firm NMCN went under last autumn.

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