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Contractors are tightening their belts by reducing dividend payments and hoarding cash as the UK’s biggest construction players seek to avoid becoming the next Carillion. Here, finance editor David Price explains the financial health of the UK construction industry.
The Irish construction sector is set for growth of 20 per cent in 2019, with total output to hit €24bn, according to Aecom research.
A look at the numbers including the impact of Hitachi’s decision to suspend work at both Wylfa and Oldbury, as well as a CN exclusive one year on from Carillion’s collapse
In the recent Begbies Traynor Q3 Red Flag Alert report, it was heartening to see the construction sector show signs of regaining a degree of stability.