Friday, August 5, 2011

Meanwhile back in recovery land….

Rise in construction companies going into administration

PwC’s analysis of today’s national corporate insolvency statistics found that construction’s increases in adminstrations of 23% made it one of the worst affected sectors, behind only wholesaling and retail.

Posted by novice pete @ 08:10 PM (1316 views)
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7 thoughts on “Meanwhile back in recovery land….

  • I am now waiting for the spark that will ignite the fuse to interest rate explosions.

    Sitting ducks always get it in the end and this one has been asleep way too long.

    Looked at the markets recently? These things happen, as sure as eggs are eggs.

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  • Revealing.

    The trouble with Britain is that it has little to offer anyone.

    The only thing it knows is how to exploit people for housing.

    It’s not a country fit to live in.

    If you’re under 30, intelligent, skilled and adroit – get out of here and find an alternative life in any country with better prospects than this.

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  • “The total of 101 for the first quarter of the year shows a marked increase on the previous quarter’s figure of 82”

    bit of a non story?

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  • Zarathustra says:

    I got out and went to Canada. A more balance economy (except for exposure to US trade), and significantly lower total debt.
    One year in and it seems the right move – but time will be the judge.

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  • A rise is a rise, and the overall picture for construction is not particularly rosy despite growth in civil engineering. Employment in the construction sector has decreased for two consecutive months. More here:-http://www.theconstructionindex.co.uk/news/construction-news/july-output-continues-steady-growth

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  • sorry link isn’t working

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