Financial Times FT.com

Payment woes demolish ‘poshest builder’

By Bob Sherwood, London and South-East Correspondent

Published: December 10 2008 00:42 | Last updated: December 10 2008 00:42

The construction company renowned as “London’s poshest builder” has collapsed in a stark illustration of how badly the downturn has hit the capital’s wealthiest residents.

Robin Ellis Construction Services, whose client list has included rock stars, hedge fund millionaires and ultra-rich non-domiciles, has gone into administration as the financial turmoil has frozen the stream of lavish work on prime west London properties.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this