Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
SME builders struggle with Brexit uncertainty, says accountancy firm Price Bailey
Brexit uncertainty and a weak market in London and the South-east have conspired to put housebuilder insolvencies at a four-year high, according to data obtained by accountancy firm Price Bailey.
It said Insolvency Service figures showed 343 housebuilders went bust in the year to September 2019, up by 26% on the figure last year.
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