Latest Business News

Don’t let the conversations stop, post COP

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If last year will be remembered for anything, it will be the three Cs – Covid, COP26 and, I’m hoping, concrete. I jest of course, no one will be talking about COP26 in 2022, but that doesn’t mean that some of the conversations around sustainability in concrete should stop.

COP26…

Accounting regulator misled over Carillion audits, KPMG chief admits

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KPMG UK’s chief executive Jon Holt has admitted that the company’s auditors misled Financial Reporting Council (FRC) – regulator of accountants, auditors and actuaries - over the audit of collapsed contractor Carillion.

Holt also stated that it was “clear” that misconduct had occurred. “It is unacceptable, we do not tolerate or…

Crossrail wage bill shrinks as bosses forgo lofty bonuses

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The cost of paying Crossrail Ltd’s directly employed workforce has fallen for the fourth successive year.

The decline is partly due to project bosses agreeing to forfeit their lofty bonus pay-outs for the second year running, as well as a significant reduction in overall staff numbers. In total, Crossrail Ltd paid…

Colas scoops £328M National Highways maintenance contract for West Midlands

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National Highways has awarded an eight-year contract to upkeep and revamp West Midlands roads to Colas.

The contract is worth £328M and will see the civil engineering firm maintaining and upgrading the road network in Area 9, the largest National Highways region, which includes the West Midlands, Shropshire, Worcestershire, Warwickshire, Staffordshire…

Movers and shakers: Biggest construction and engineering appointments in December 2021

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Notable appointments this month include changes at the top of Keltbray, WSP and Aecom, along with the reappointment of HS2's construction commissioner.

A round up of the biggest moves and appointments during December is below. To feature on next month’s appointments roundup email catherine.kennedy@emap.com HS2 construction commissioner reappointed Mark Worthington…