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flag Welsh construction firm reports £95M loss, plans workforce restructuring amid industry woes.

flag Welsh construction firm Alun Griffiths reported a £95 million pre-tax loss in 2023, worse than the previous year, due to large fixed-price contract losses, weather delays, and supply chain issues. flag The firm plans to restructure its workforce as part of addressing its financial challenges. flag Separately, an Essex M&E firm has entered administration amid broader construction industry difficulties.

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