Construction in crisis
Recessionary pressure is hitting the construction industry harder than most. Emmanuel Kenning reviews an insurer's advice to brokers supporting clients struggling in the sector.
Of all the sectors affected by the recession, construction can arguably claim to have suffered the most. With just over 2.2 million people still employed in the UK's construction industry, most brokers are likely to have a construction firm or related company as a client.
Key construction industry indices have been making stark reading. Data from the Office for National Statistics shows that, between April and June 2007, 10,000 construction workers were made redundant and, with 21,000 vacancies
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