Recent data highlight the persistent high insolvency rates in the construction sector, exceeding other industries significantly.Data released by the Insolvency Service shows construction leads in business…
The construction sector continues to grapple with high insolvency rates despite a decline in May’s figures.Construction remains the worst-hit sector for insolvencies, with 4,287 cases in…
Data indicates a troubling rise in construction administrations over the last two months.A total of 31 construction firms entered administration in June, up from 23 in…
With the increasing trend of construction company insolvencies, securing performance bonds has become a crucial strategy.Recent withdrawals from the construction insurance market, like QBE Europe, highlight…
Davis Roofing Ltd in Bristol enters administration, highlighting financial struggles.The company was part of a significant framework, impacting its market position.FRP Advisory’s Jonathan Dunn and Matthew…
The insurance landscape for material suppliers is shifting dramatically due to notable contractor failures.Nearly one-third of British Merchants Federation members report challenges in obtaining sufficient trade…
