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The receiver in control of troubled mechanical and electrical contractor Norstead has blasted big builders which withhold payment to subcontractors.Ian Turner, of accountant Grant Thornton, blamed late payment for the demise of Norstead, which has put at risk the livelihoods of its 200 staff.And he specifically pointed to the money Norstead was owed by Bovis for work on Canary Wharf. In June Norstead issued a writ for about £4 million.He said: 'The problems Norstead faced in obtaining ...

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