Allianz highlights risk of empty construction sites
British building industry suffered its 22nd successive monthly fall in activity last month
Allianz Engineering warns of the risks of “mothballed” construction sites as the British building industry suffers a drop in activity.
According to the CIPS/Markit Construction survey, the sector saw its 22nd successive monthly fall in activity in December.
Stefan Bramwell, underwriting manager, Allianz Engineering, said: "Figures show that construction industry continues to struggle against the effects of the recession. From an insurance perspective, the downturn has lead to an increase in the
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