Browsing Tag
Insolvency
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Construction tops insolvency table with 4,371 collapses last year
The construction industry saw more companies go bust than any other sector last year, with a record 4,371 building firms collapsing in England and Wales. New data published by the Insolvency Service shows that construction accounted for almost one in five business failures where a firm’s sector was known. Construction was the only industry to
Insolvency Service drops case against former Carillion chair and CEO
Philip Green The Insolvency Service has dropped court action against Carillion’s former chair and interim chief executive at the 11th hour. The defunct contractor’s chair, Philip Green, and Keith Cochrane, who was interim chief executive between July 2017 until the firm’s collapse in January 2018, were among five former non-executive directors who had been due