Construction still the sector with most insolvencies as high interest rates continue to squeeze firms

By Tom Lowe2024-06-18T11:04:00

Source: Shutterstock

Sector still seeing the most amount of firms going bust, latest official figures show

Construction has maintained its top spot as the sector with the highest number of insolvencies over the past 12 months as high interest rates continue to batter firms.

More 4,400 construction companies have gone bust over the past year, according to the latest official figures from the Insolvency Service.

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