Readers' survey: 93% fear coronavirus crisis could spell the end for their firms

By Jordan Marshall2020-03-31T08:47:00

Construction companies also pessimistic about when work on sites might restart

More than 90% of those working in the construction industry fear the coronavirus crisis could spell the end for their firm, Jordan Marshall writes.

A survey carried out by Building and its sister titles Building Design and Housing Today found that 39.4% of respondents were “very concerned this crisis could cause insolvency” while around 53% were “slightly concerned”. They said their businesses were solvent for now but admitted work had slowed dramatically.

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