White Young Green has issued one of the most downbeat results statements from an engineering consultancy since the start of the economic downturn. Chairman Mike McTighe stated that WYG faces a “very challenging short term future,” blaming a “paralysis” across its public and private sector markets.
The consultancy, which was saved from collapse by its lenders’ agreeing to a debt-for-equity swap in January, saw large falls in revenue across all its core UK markets...
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