RE: Black Swan Event1 May 2025 09:12
CONSTRUCTION insolvencies rose by 19.9% in February 2025, the biggest monthly rise since April 2025.
The latest figures from The Insolvency Service show construction firms accounted for 19.5% of all insolvencies in England and Wales in February 2025, with 367 registered construction businesses becoming insolvent.
Insolvencies among firms classified as providing specialised construction activities contributed significantly, reaching a six-month high and increasing by 17% on the previous month.
By rough comparison, construction firms accounted for 14% of all registered businesses in the UK in 2024.