However, there is optimism on the horizon.
According to industry forecasts from Glenigan, construction work is set to rebound over the next two years, driven by rising housing starts, increased office and industrial projects, and strengthened public sector investment, with private and social housing expected to grow fastest in 2027.
Yet, wider insolvency data for the 12 months to September 2025 highlights construction remains the hardest-hit sector, accounting for 3,933 cases – 17 per cent of all industry insolvencies.
Other industries with high insolvency numbers include wholesale and retail trade (3,749 at 16 per cent) and accommodation and food services (3,370 at 14 per cent).
For now as the UK construction sector continues…