Creditors of Readie Construction Limited face a rise in losses, reaching £43.1 million, due to a 65% increase in claims.In April, Begbies Traynor’s initial estimates suggested…
Build UK highlights key contract terms that may jeopardise construction projects by unfairly transferring risks.Industry-standard contracts like JCT and NEC often face amendments that complicate and…
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…
