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Building firm hit by slump


Published on Wednesday 10 September 2008 19:17

One of Northern Ireland's largest construction companies last night confirmed it is in talks with financial institutions after a downturn in its fortunes.

Londonderry-based Taggart Holdings has had meetings with its banks in recent days regarding its financial position, which has weakened considerably due to the downturn in the construction industry.

A spokesman for the company confirmed its building programme has been put on hold.


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