Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Fri April 20 2018

Related Information
Related Information
Related Information
Related Information

News » UK » Construction insolvency risk still high » published 25 Sep 2012

Construction insolvency risk still high

Building and construction companies remain twice as likely to go bust as the UK company average.

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.


Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 25 Sep 2012 (last updated on 25 Sep 2012).

More News Channels