Redundancies loom at £25m-turnover contractor after CBILS loan rejection

A contractor with confirmed orders worth £100m may be forced to make 30 staff redundant, after an application for £500,000 from the Coronavirus Business Interruption Loan Scheme (CBILS) was rejected. Sean O’Connor, managing director of Liverpool-based Nobles Construction, said the company had banked with NatWest…

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