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16Aug91 UK: CONSTRUCTION INDUSTRY NAMED AS BIGGEST BAD DEBTOR BY BARCLAYS BANK ECONOMIST.

One in three of Britain's bad debts is owed in the construction industry.And piles of bills are doubling in size every year, according to Barclays Bank's leading construction economist.Dr Richard Roberts believes the current slump will last for another two years at least with a 6 per cent drop in turnover this year and a further 4 per cent fall in 1991.Dr Roberts said: 'The number of bad debts rose by nearly 50 per cent between the final quarter of 1990 and the first quarter of 1991. ...

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