Construction firms account for 16% of insolvencies, a builder accused of indecent exposure for working with no t-shirt and an electrician fits defibrillators for free
Construction firms accounted for 16% of all business insolvencies in England and Wales in March.
The data from the Insolvency Service suggest that construction continues to lead all sectors in the number of bankruptcies.
Dr David Crosthwaite from BCIS warned that firms across the supply chain continue to face cost pressures, tight margins and cost flow challenges.
Firms working on fixed-price contracts or facing payment delays are particularly at risk in the current environment.
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A 62-year-old builder claims he has been accused of “indecent exposure” after working on a site without a t-shirt under his hi-vis vest.
Jim Haynes was working at the University of Liverpool during the hot bank holiday weekend when someone from the uni complained about his attire.
The tradesman called the situation ridiculous.
Despite an outpouring of online support for Haynes, he had to comply or risk losing his job.
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An electrician in Nantwich is installing defibrillators free of charge.
Nick Lundie is working with a local sports bar called GOAT, which has sourced the defibs and is donating to other venues in the area.
The 34-year-old spark has also been working with Men in Sheds as he looks to complete at least one good deed in his community every month.
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