Insolvency Service figures confirm construction remains highest-risk sector:
The latest Insolvency Service data reveals that construction accounted for 16% of all corporate insolvencies across England and Wales. While monthly collapses eased slightly heading into Q4, almost 3,860 construction firms entered insolvency over the past 12 months, driven by fixed-price legacy contracts, persistent cash flow bottlenecks, and late payment liabilities.
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