Construction Sector Pressures – A Practical Guide for Subcontractors and Suppliers
If you supply goods or labour into construction projects, you have probably already noticed that the ground feels less solid than it did even a few months ago. The UK Construction PMI dropped to 39.7 in April, which is firmly in contraction territory and the steepest fall in some time, whilst construction recorded almost four […]
What Happens to Employees When a Company Goes Into Administration?
When a company enters administration, it can be an unsettling and uncertain time for everyone involved, particularly employees. Questions about job security, pay, redundancy and future employment often arise immediately. Understanding what happens to staff during administration can help reduce uncertainty and provide clarity during what is already a difficult period. What is administration? Administration […]