DGT Steel and Cladding in administration

Around 150 jobs are at risk at Norfolk-based DGT Steel and Cladding after the company went into administration.

The £32m-a-year turnover firm called in PricewaterhouseCoopers yesterday following cash flow problems, according to local press reports.

The company, which was founded 18 years ago, was the subject of a management buyout last year. It had aimed to increase its turnover to £42m in three years' time.

It has recently completed work at the Imperial War Museum at Duxford and a new terminal at Luton Airport.