Jo Streeten, managing director at AECOM (Building + Places), said: “A fall in construction insolvencies this month, with levels lower than both last month and this time last year, is a surprising but welcome sign of stabilisation across the sector as we enter 2026.
“Winter is always a challenging period, with fewer contracts being signed and tighter cashflow, which makes it all the more important that planning, procurement and payment processes continue to run smoothly.”
She added: “Against that backdrop, major commitments such as Northern Powerhouse Rail are a positive signal for the industry, reinforcing the importance of long-term certainty and a visible pipeline of work.
“Turning that intent into delivery will be…