Insolvency in the UK construction sector

John Lowe; Elias Moroke

Insolvency in the UK construction sector

John Lowe, Elias Moroke

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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Abstract

The construction industry has always tended to suffer a disproportionate share of both corporate insolvency and individual bankruptcy within Great Britain. This is particularly the case in the aftermath of economic recessions. The latest figures seem to indicate that almost a quarter of all corporate insolvencies in England and Wales involve Construction Companies. In Scotland, the situation is worse with almost one third of insolvencies coming from the sector. This is way out of line with construction’s five to six per cent share of Gross Domestic Product. Because of the differing legal definitions between England and Wales and Scotland, the main analysis will use data from England and Wales. Scotland and Northern Ireland are excluded from the formal analysis.

Original language	English
Title of host publication	Proceedings of the 26th Annual ARCOM Conference
Publisher	ARCOM
ISBN (Print)	9780955239045
Publication status	Published - 1 Jan 2010

Keywords

construction industry
bankruptcy
UK
insolvency

Documents and Links

http://www.arcom.ac.uk/publications/procs/ar2010-0093-0100_Lowe_and_Moroke.pdf

http://researchonline.gcu.ac.uk/bne/169

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Cite this

Lowe, J., & Moroke, E. (2010). Insolvency in the UK construction sector. In Proceedings of the 26th Annual ARCOM Conference ARCOM. http://researchonline.gcu.ac.uk/bne/169

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