Scottish housebuilder Stewart Milne enters administration

By Daniel Gayne2024-01-09T05:56:00

More than 200 jobs to go as £180m-turnover housebuilder fails to find a suitable buyer

Scottish housebuilder Stewart Milne has gone into administration after a sale process failed to find a suitable buyer.

The Aberdeen-based company was put up for sale in April 2024 but it put the process on pause eight months later citing “uncertainty in the market” after Liz Truss’ mini-budget.

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