UK construction sector faces ‘difficult period’ after 4,370 firms collapsed
The UK construction sector is facing an “immensely difficult period” after 4,370 construction companies went bust over the past year, according to new data.
The sector has experienced the highest number of bankruptcies of any industry in the UK for the past three years, according to auditing firm Mazars.
In the year to the end of November, 4,370 companies went insolvent compared to 4,086 in 2021/22 and 2,481 in
