Construction output suffers steepest decline since 2009. Builders have suffered the sharpest slump in more than a decade as new orders for homes, commercial property and civil projects all fell last month. UK Businesses are delaying new construction projects or

Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors

Construction failure rate hits highest since 2014 1st July 2019. The Scottish construction sector suffered its highest number of business failures for four years in 2018. Eileen Blackburn, head of restructuring and debt advisory at French Duncan, said that after

Late payment by retention is holding the construction sector back. 10th June 2019. Late payments of retention money is holding the construction sector back according to a government report. What are retentions The retention system is an industry standard of

Construction sector slumped in May. 05/06/2019. The construction sector slumped last month. Building activity in the UK dropped in May the third time in four months, according to IHS Markit’s latest survey. It represented the sharpest decline in construction output