After a nightmare year, construction firms will continue to fail
The industry accounted for a quarter of all business failures this year; insolvency firm says it will take some time to dig themselves out of the financial hole.
The past year was an erratic one for liquidations, with business failures peaking at 309 in October, dipping back to 280 last month.
Ben Jury, an analyst at Waterstone Insolvency, said it rated as the fourth-most volatile since 2000, just behind the GFC years of 2008 to 2010.
Construction companies
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