Gareth Belsham analyses contractor insolvency rates
Bloom director Gareth Belsham MRICS joins experts in analysing what’s keeping the contractor insolvency rate stubbornly high in this piece in Construction News.
Construction is the fastest-growing sector of the UK economy but contractor fragility can still pose a serious challenge to project success.
Gareth cautions: “We need to see a sustained pick-up in demand before the insolvency picture improves significantly.”