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Connaught admits it will breach debt covenants

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The social housing maintenance group Connaught is "in serious trouble", analysts warned yesterday, after the company admitted that its net debt would be significantly higher than its previous forecast  

Connaught collapse hits subcontractors

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Subcontractors have been left with £40 million in unpaid invoices by Connaught’s collapse - and fear they are unlikely to see more than 1 per cent of it.  

Reprieve for Connaught as worries continue over government cutbacks

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Embattled social housing specialist Connaught received a stay of execution from its bankers last week, just days after revealing it had a funding crisis and was short of cash.  

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