'Nation's local builder' facing administration

British building services company Rok said today that it would place the firm into administration just months after it revealed sizeable losses and financial shortcomings at its plumbing division.

The self-styled “nation’s local builder” reported half-year losses of £3.8m (€4.3m), shortly after an independent review by accountants BDO uncovered serious failings at its plumbing, heating and electrical business.