Number of building firms going under jumps by half in just three months

By Dave Rogers2019-10-23T05:00:00

KPMG warns ongoing uncertainty and tightening access to credit means number of stricken contractors set to rise

The number of firms going into administration jumped by more than half in the third quarter, figures from KPMG have revealed.

The accountant said firms going under increased from 49 in the second quarter, the period between April and June, to 76 the following quarter – a hike of 55%.

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