The number of construction companies to enter liquidation rose 17% in the third quarter of 2018, despite a decline in corporate insolvencies for the economy as a whole, according to new figures.
Dun & Bradstreet found that there were 677 companies that filed for insolvencies in July to September this year.
Overall, 4,056 companies entered insolvency over the period, down 20% year on year.
Markus Kuger, lead economist at Dun & Bradstreet, said: “Worryingly for the construction sector, confidence indicators are trending downwards, pointing towards rising pessimism.
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