Over 200 jobs lost as Shaylor Group goes into administration

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FRP Advisory says firm was hit by project delays and impact on cashflow

Midlands-based contractor Shaylor Group has entered administration, with approximately 200 employes made redundant.

Administrators from FRP Advisory were appointed joint administrators today (Monday 17 June).

Raj Mittal, partner at FRP Advisory in Birmingham, said: “Despite the efforts of the Directors, the financial issues facing the company were not able to be resolved and resulted in the decision to place the business into administration.

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