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Commercial Property

Construction group pledges help to Shaylor students

University students have been left stranded following the collapse of the Black Country construction group earlier this week

Shaylor's chief executive Stephen Shaylor (right) with West Midlands Mayor Andy Street at one of its Birmingham projects in 2017(Image: Birmingham Mail)

A construction group has pledged £10,000 to help university students left stranded by the collapse of Black Country contractor Shaylor.

MCS, based in Claverdon near Coventry, has donated the money to help pay the tuition fees of the employees affected by Shaylor's collapse into administration on Monday, costing around 200 jobs.

MCS has also called on other companies to contribute towards the unpaid university fees which it said threatened to prevent some of Shaylor's former employees graduating after completing their degrees.

Managing director Keir Edmonds said: "We are passionate about supporting young people coming into the construction sector.

"It is well known there is a severe skills shortage and we need to do all we can to encourage people to consider a career in construction.

"When I heard that some Shaylor students faced being denied their degrees because their tuition fees hadn't been paid, I felt we had to show some support in their hour of need.

"I hope other construction companies will be able to follow suit and provide similar support so these people can graduate and continue with their careers."

Managing director of MCS Keir Edmonds

Administrators from FRP Advisory were appointed to Aldridge-based Shaylor on Monday after the company had experienced severe cashflow pressures in recent weeks following several project delays.