The creditors of R Durtnell & Sons, reputed to be Britain’s oldest builder, have handed it a lifeline by agreeing to support a company voluntary arrangement (CVA), giving it more time to pay off its debts.
The Kent-based company, founded in 1591, hit the headlines after Brighton & Hove City Council claimed in July that it had ceased to trade. The council announced that it was exploring options to replace Durtnell on the refurbishment of its Grade-I-listed Brighton Dome Corn Exchange and Studio Theatre project.
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