Construction recorded more company insolvencies than any other industry in England and Wales over the past year, despite a modest fall in failures.
Insolvency Service figures show 3,866 construction companies entered insolvency in the 12 months to August 2026. That was 2% fewer than in the previous 12 months, but still accounted for 17% of all cases where an industry was recorded.
August alone saw 294 construction insolvencies, compared with 292 in the same month last year.
Specialist contractors accounted for 164 of August’s cases, or nearly 56% of the construction total. However, failures in the “specialised construction activities” category were down from 179 a year earlier, according to RSM UK’s analysis.
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