Construction insolvencies set to surge despite April decline

By Daniel Gayne2022-06-22T09:43:00

Firms struggling to repay covid loans, new data shows

Fresh warnings are being made about a spike in insolvencies in the coming months as official figures said the number of construction firms going bust fell in April.

According to the Insolvency Service, the month saw 384 firms in the industry go under, compared with 419 in March.

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