Construction still worst-hit by insolvencies
Construction industry insolvencies in 2024 fell eight per cent compared to the year previous, despite the industry experiencing the highest number of insolvencies of any sector.
Search Results for: insolvencies
Construction insolvencies: Subbies still the biggest casualties
Specialist firms overrepresented as industry experiences highest insolvencies.
Subbies still more than half of construction insolvencies
Construction continues to be the worst-hit, accounting for 17.4 per cent of cases.
Construction insolvencies creating tough bond market – Winvic
More than 4,280 construction firms went out of business in the UK in the year to May.
Subbies still worst hit by latest construction insolvencies
Contractors in the UK have gone out of business at the highest rate in a decade.
Are better morals the key to slowing construction insolvencies?
Construction sees the highest number of insolvencies in the year to April with 4,104.
Lorne Stewart profits marred by industry insolvencies
The wider group comprises Lorne Stewart Engineering, Lorne Stewart Facilities, Rotary Building Services, and Modular Designed Solutions.
Lendlease construction business slips into red
Lendlease’s construction arm saw a fall in revenue and a dip into the red, as the company gears up for the sale of UK construction and a focus on its Australian market.
Winvic secures works across £800m highways framework
The objective is to speed up infrastructure development, streamline costs, and optimise resource sharing for public sector works across the East of England.
Former builder who spent 20 years on the tools becomes lawyer to tackle ‘huge number of disputes’ in construction
“Players in the construction sector are not always good at upholding their contractual obligations to each other,” – Alan Stanley.
