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Sat September 25 2021

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Insolvency rate slows again

22 Oct 13 The number of construction companies becoming insolvent fell once again in September, the 11th successive month of improvement for the sector.

The latest Business Insolvency Index from information services company Experian shows that the insolvency rate for the building and construction industry was 0.11% in September 2013, down from 0.14% in September 2012.

There were 191 companies in the building and construction sector that became insolvent in September 2013, compared to 232 in September 2012.

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