London’s DLR hit by collapse of construction firm
The collapse of the construction firm Buckingham Group may well cast a shadow over the planned upgrade of the DLR Docklands Light Railway system in London. The construction company was involved in a multi-million pound contract to extensively upgrade the system’s Becton Depot, in preparation for a fleet of new trains already being delivered. However, the collapse of Buckingham Group, with debts in excess of one hundred million pounds (116 million euros), has left many creditors, DLR among them, with a headache to go with their financial haircut.
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