The number of company insolvencies in the construction sector in Great Britain have soared in 2022. In England and Wales, there were 1,561 insolvencies more than in 2021. Most of those insolvencies occurred in England and Wales. Just 189 Scottish construction companies could not pay their debts that year, while that number reached over 4,000 in England and Wales.
Number of construction company insolvencies in Great Britain from 2012 to 2022, by region
Characteristic
England and Wales
Scotland
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GOV.UK. (January 31, 2023). Number of construction company insolvencies in Great Britain from 2012 to 2022, by region [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/
GOV.UK. "Number of construction company insolvencies in Great Britain from 2012 to 2022, by region." Chart. January 31, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/
GOV.UK. (2023). Number of construction company insolvencies in Great Britain from 2012 to 2022, by region. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/
GOV.UK. "Number of Construction Company Insolvencies in Great Britain from 2012 to 2022, by Region." Statista, Statista Inc., 31 Jan 2023, https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/
GOV.UK, Number of construction company insolvencies in Great Britain from 2012 to 2022, by region Statista, https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/ (last visited July 27, 2024)
Number of construction company insolvencies in Great Britain from 2012 to 2022, by region [Graph], GOV.UK, January 31, 2023. [Online]. Available: https://www.statista.com/statistics/1324062/construction-company-insolvencies-in-great-britain/