Reasons why Westridge Construction went under
It employed in the region of 150 staff, including more than 80 trade technicians.
Search Results for: insolvencies
Mindset shift ‘key’ to tackle legacy inefficiencies
UK construction projects are running on average £7.6 million over budget.
Construction insolvency – a supply chain problem?
Construction firms in the UK have gone under at the highest rate in a decade.
Subbies in for a ‘rough 12 months’ as insolvency figures soar
Sub-contractors “bear the brunt” of a construction activity downturn – with smaller firms currently overrepresented in insolvency figures.
What is causing construction firms to collapse?
The industry is buckling under the pressure of inflation and supply chain demand as residential projects become more difficult to see through.
AI in construction is a hot topic – so why the chilly reception?
SPECIAL REPORT – Let’s explore how firms can adapt to and embrace AI, and if it’s worthwhile.
Claritas Group collapses – amid highest insolvency figures
Negative cashflow and inflationary headwinds have tipped Bromley construction company Claritas Group into administration.
Construction sectors surviving ‘highest’ insolvency numbers
The construction sector is the ‘most significant contributor to insolvency figures’ in the UK.
Mace predicts pressure points for the industry in 2023
Mace has issued a “stark” warning of slow growth in the sector in the wake of delayed major infrastructure projects.
