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Voluntary construction liquidations drop

The number of construction companies entering voluntary liquidation has fallen to its lowest point in more than five years as the industry continues to recover from the economic crisis.

Government figures this week showed that a provisional 364 firms in the sector in England and Wales were subject to creditors’ voluntary liquidation in the second quarter of this year.

This was down from 410 in the first three months of the year.

It represented the lowest total since available records began in 2009. There were 649 such liquidations in the first quarter of that year.

 

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