Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

10Feb94 UK: RECEIVERSHIPS FALL TO LOWEST IN FOUR YEARS.

Only 25 construction companies went bust last month as the number of receiverships nationwide fell to their lowest level for four years.Figures from accountant Touche Ross show the building trade leading other sectors out of recession.Insolvency partner Chri-stopher Morris said: 'Construction seems to be statistically ahead in January - which is perhaps a good sign for the recovery.'Last year an average of 53 contractors a month went bust. And Mr Morris is confident the downward trend ...

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here