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.

By FIXEDD

Founded by Carl Moss, FIXEDD began as a personal blog with a focus on construction topics. As it evolves, FIXEDD aims to become a valuable resource for AEC professionals, providing current industry news, software updates, and expert advice. With a vision to grow and make an impac

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