BUSINESS

Housing crisis intensifies as major firm goes bust

The depth of financial trauma in the social housing sector has been revealed as another major player went into administration, and additional losses of £100m were revealed by another casualty.

The depth of financial trauma in the social housing sector has been revealed as another major player went into administration, and additional losses of £100m were revealed by another casualty.

Building services firm, Rok, told the City this week it was suspending shares and placing itself in administration after uncovering serious financial failures.

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