‘No room for complacency’ as construction insolvencies drop but risks remain
Karl Horton, data services director at Building Cost Information Service (BCIS), cautioned that there is “no room for complacency”, as insolvencies remain above pre-pandemic levels. He warned that ongoing geopolitical uncertainties could push costs higher and affect project viability, leading to more insolvencies if instability continues. Kelly Boorman, national head of construction at RSM UK,…

