Rising employment costs and labour shortages squeeze construction industry
In May 2025, the number of registered company insolvencies in England and Wales was 2,238, 8% higher than in April 2025 (2,053), and 15% higher than May 2024 (1,946). The construction industry experienced the highest number of insolvencies in the 12 months to April 2025 at 4,032, making up 17% of all industry cases. Commenting […]