Insolvency could rival inflation as project threat, T&T warns

By Daniel Gayne2022-08-04T09:41:00

construction gates shutterstock_524977993

Consultant urges firms to be alert to supply chain risk

Supply chain insolvencies could rival inflation as a threat to project delivery, according to Turner & Townsend (T&T).

According to the consultancy’s latest UK Market Intelligence Report, insolvencies rose 72.1% year-on-year in the second quarter of 2022, with SMEs at the greatest risk of failure.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community