May sees drop in number of construction firms going bust

By Daniel Gayne2022-07-15T10:00:00

Source: Shutterstock

Insolvencies remain high but down 9% on previous month

The number of construction firms going to the wall fell for the second successive month in May.

Figures from the Insolvency Service show 349 companies in the sector collapsed in the month, down from 384 in the previous month.

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