On 20 October, Garth Calow and Rob Birchall from the Business Recovery Services team of PricewaterhouseCoopers LLP were appointed as joint Administrators to construction and property developer, Taggart Holdings Limited.
Henderson Group is the biggest mid-market private company in Northern Ireland and is ranked No 29 in Britain, according to the latest Sunday Times HSBC Top Track 250 league table.
Over 8,000 Northern Ireland construction jobs have already been lost or are under immediate threat, according to a major industry survey carried out by PwC.
A PwC call, just 24 hours before, for an immediate cut in interest rates of at least 0.5 per cent was more than delivered when the Bank of England slashed base rates by 1.5 per cent.