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Construction Spring Update 2022

By Dave Murray
Senior Underwriter (Trade Credit)

Sector overview

2021/2022 construction activity continues to power ahead despite the stormy clouds that gather over the supply chain. Cost inflation looks set to stay as construction companies continue to grapple with the unique challenges that the UK construction market presents. New work is there to be won, but at what cost is the question that many construction businesses face an uncertain answer to. It is also important to note that UK construction insolvencies are increasing following the retraction of Government backed Covid-19 initiatives.

Click here to access the full Construction Spring Update