The construction industry will face a mass of insolvencies if the government does not do more to support the industry, ministers have been told.

Industry leaders gave the dire warning to construction minister Nadhim Zahawi and HS2 minister Andrew Stephenson on a daily conference call yesterday.

In an account of the call, trade body BuildUK said: “Everyone was extremely concerned about liquidity and cash flow. Although the government’s financial support was welcomed, it was made very clear that the loans and grants available might not be suitable for everyone or would not reach many businesses in time to save them.”

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