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Revealed: the 16 firms that went into administration in March constructionnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructionnews.co.uk Daily Mail and Mail on Sunday newspapers.
How Meadowside Community Primary School recovered from flood warringtonguardian.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from warringtonguardian.co.uk Daily Mail and Mail on Sunday newspapers.
Firms’ confidence in their future shoots up Confidence among construction firms has risen since the start of 2021 with the number fearing for their futures falling. The proportion of construction businesses with low or no confidence that they will still be around in three months has dropped to one in 11 in a survey by the Office for National Statistics (ONS) carried out in the two weeks to 21 February. As previously reported, at the start of the year, one in eight feared collapse. FRP Advisory partner Glyn Mummery said the data reflected the more positive outlook he had witnessed from clients in recent months. “It’s definitely something we’re hearing,” he said. While announcements such as the extended payment period for the Bounce Back loans have taken some pressure off firms, Mummery said that non-financial factors could have played a part in the change in view as well. “January is never the best month,” he said “but as you go on, things tend to feel b ....
The number of monthly construction administrations rose in February, Construction News can reveal. There were 16 administrations in the sector in February, according to data provided by Creditsafe. This compares to 12 in January. The latest monthly figure is well down on February 2020, when a total of 35 firms collapsed. Analysts have previously predicted that the number would rise when government support schemes such as furlough come to an end. In yesterday’s Budget, chancellor Rishi Sunak extended the furlough scheme and introduced further government-backed loans of up to £10m, in a bid to “protect the jobs and livelihoods of the British people”. ....
One in eight construction firms have low or no confidence that they will survive until the end of April. Analysts have cited a lack of new jobs, price ....