According to business information company Experian’s Business Insolvency Index, 0.17% of all building and construction companies failed in August 2012, which is double the going rate for all businesses across all sectors of 0.09%.
August saw 293 building and construction companies fall into insolvency, Experian said.
This was 10% higher than the 265 insolvencies of August 2011.
It was also slightly up on July 2012’s figure of 289 insolvencies.
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