Cladding firm Astec failed owing £12m to trade creditors – More than 300 subcontractors and suppliers of failed cladding group Astec are unlikely to see a penny owed to them. The latest creditors’ report from administrator Deloitte reveals that the three main businesses Astec Projects, Astec Group and Concept Design (Interiors) owe unsecured creditors £12.2m. Of this sum, £7.3m is owed to suppliers and subcontractors, [] http://ow.ly/2JuHJI