Rising costs and delays exacerbate construction company collapse
Supply chain disruptions, rising costs and not enough labour are causing the collapse of construction companies at an alarming rate.
The latest official UK insolvency figures show that during June the number of administrations was 45% higher month-on-month and 80% higher year-on-year, driven by approximately 260 "connected companies in the real estate sector" entering administration during March, April and June.
Responding to the May administration of AIM Engineering & Fabrication Group and Hescott Engineering Company - whic... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
