Sat. Feb 22nd, 2025

Pressure grows on construction firms as insolvencies rise

The number of construction firms facing significant financial pressure has risen almost 40 per cent over the past year, according to data from a leading insolvency practice. Begbies Traynor’s latest ‘Red Flag Alert’ today showed 83,559 companies in the sector were facing “significant financial distress”,…

The post Pressure grows on construction firms as insolvencies rise appeared first on Construction News.

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