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…
The Bank of England has confirmed that interest rates will remain at 5.25%, highest level for 16 years. At its latest meeting, the Bank’s nine-member Monetary…
The construction industry in England and Wales is facing unprecedented financial challenges, with insolvencies reaching an alarming peak.In the year leading up to April 2024, a…
Buyers are waiting for interest rates to come down before purchasing a new home, research suggests. A regular survey of chartered surveyors found that demand for…
Construction output in Great Britain decreased again in April, marking the third consecutive monthly decline.The Office of National Statistics reported a 1.4% decrease in construction output…
Wage growth for UK employees remains strong, potentially lowering the prospect of a pre-election cut in interest rates. In the year to February to April 2024,…
In a challenging economic climate, Essex-based D&B Scaffolding has managed to increase its revenue and profit, showcasing resilience amidst inflation and rising interest rates.The company’s turnover…
Howard Tenens Logistics attributes its flat growth to uncontrollable factors.The company’s turnover increased slightly to £107.5m, driven by warehousing.Transport turnover saw a decline of 1.2% due…
UK households are taking a cautious approach to spending, unaffected by the Budget’s initiatives.Despite anticipated tax cuts, consumers remain wary due to high debt levels and…
