Latest Business News

Increasing prices and scarce resources cause supply chain juggling act

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Unlike the beleaguered hospitality and travel sectors, construction appears to be holding its own despite the ravages of the pandemic.

While bars and restaurants are closed and travel for recreation banned, in the last seven months of 2020 the construction industry experienced growth. And although the future might look bright; many…

Revealed: Employment rule change could leave Crossrail short  

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Dozens of workers carrying out key assurance work on Crossrail will soon find themselves unable to continue their jobs due to changes to the UK’s employment rules.

NCE has learned that a “significant number” of key personnel employed to carry out assurance work will be affected by the changes to the…

Confusion over contractual liability for Covid delays and cost hikes

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One in three contracts were not fit to deal with the effects of the Covid-19 pandemic and, as a result, clients are bearing responsibility for additional costs and time delays, according to research from Turner & Townsend.

Turner & Townsend’s Covid survey showed that the majority of liability arising from the…

Engineering alliance formed to provide ‘consolidated voice’ for sector

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A new alliance of UK engineering and research bodies has been formed to provide the sector with a “a single, consolidated voice”.

The alliance is called Actuate UK and is formed of eight trade, technology, research and professional bodies in engineering services. Those are: The Building Engineering and Services Association (BESA) The Building…

Ferrovial launches fresh bid to offload Amey

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Ferrovial has reportedly relaunched the sale of its UK outsourcing firm Amey.

Morgan Stanley has been brought in to run the sale, according to Sky News. It comes just over two years after Ferrovial first attempted to sell off the services division. Ferrovial has been attempting to secure a sale for…