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Construction was the worst-hit sector for insolvencies in the year to December 2024, new Insolvency Service figures show. Some 4,032 building businesses become insolvent, accounting for 17 per cent of all such cases in England and Wales. The next worst-affected sectors were wholesale and retail…
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Construction worst-hit sector for insolvency as debt burden bites
Construction was the worst-hit sector for insolvencies in the year to December 2024, new Insolvency Service figures show. Some 4,032 building businesses become insolvent, accounting for 17 per cent of all such cases in England and Wales. The next worst-affected sectors were wholesale and retail… The post Construction worst-hit sector for insolvency as debt burden