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Birmingham Post
Birmingham Post
Business
William Telford

Urgent talks sought on future of stricken Midas' £22m Plymouth housing scheme

Midas Plymouth Plymouth City Council

A Plymouth city councillor has asked for an urgent meeting with council chiefs to review the £22m rebuild of the Barne Barton estate after shock news that construction giant Midas Group Plc is in financial trouble.

St Budeaux councillor Sally Haydon (Labour) said residents are concerned about the future of the long-awaited housing scheme and wants Plymouth City Council to ensure the rebuild of ex-naval housing goes ahead.

The project now faces uncertainty after Midas Group, one of the UK’s largest privately-owned construction and property services companies, confirmed it wants to appoint an administrator.

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