Preliminary statistics for the first quarter of 2010 show the number of Scottish construction firms becoming insolvent has doubled compared both with the last three months of 2009 and the same quarter last year
Bad weather may have been partly to blame but I fear that many more Scottish building companies could be forced into administration over the coming months.
I’m glad that negotiations to create a UK government appear to have reached a positive conclusion - but politicians now need to rapidly re-focus their attention towards building a sustainable recovery.
As the construction industry has always argued, at the heart of a successful strategy must be a consistent and comprehensive programme of capital investment - coupled with swift action to get the banks lending.
Given the huge number of jobs that depend on its success, the national interest would be well served by quickly implementing policies designed to give the construction industry a more certain and stable future.
Michael Levack, chief executive, Scottish Building Federation
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