contracts

A third of the UK’s listed construction companies issued profit warnings last year, with project delays and cancellations among the main reasons, according to a new report. EY-Parthenon’s latest Profit Warnings study shows the 36 firms in the FTSE Construction and Materials sector issued 18 profit warnings between them last year, more than three times

The Construction Industry Scaffolders Record Scheme (CISRS) has issued revised contracts to training centres after months of negotiations, with its chair defending its proposed reforms. The scheme, owned by the National Access and Scaffolding Confederation (NASC), has faced sustained criticism from some training providers over the planned reforms, leading to the breakaway Scaffolding Training Alliance

Homepage > News > Business > BIS, NY Fed test smart contracts for tokenized monetary policy With tokenization projected to hit $19 trillion by 2033, central banks are bracing for a new digital reality that could disrupt existing regulatory frameworks. To preserve their roles within the financial ecosystem, central banks are adopting the latest technologies

A public spending watchdog has said HS2’s construction contracts are “extremely poor value for money” and is “unconvinced” they can be renegotiated to achieve significant savings. The Public Accounts Committee (PAC) described HS2 as a “cycle of repeated failure” and “a casebook example of how not to run a major project”. In a report published

The week started on a shaky note for United States financial markets, including the crypto space, after President Donald Trump imposed trade tariffs on imports from Canada, Mexico, and China. Cryptocurrencies bled billions of dollars across all markets, including spot and derivatives. According to a weekly report by the leading crypto derivatives exchange Bybit and

Science & Nature Avio has signed contracts with ESA for upgrades to the Vega rocket and its launch facilities, as well as for the...

Áine McGuinness is a senior associate at legal services firm DWF AI is rapidly gaining traction across various industries, and the construction industry is no exception. One of the most promising applications is the use of AI-driven smart contracts, which can perform tasks that would traditionally require manual intervention. For instance, they can automatically initiate

The proposed public sector contract ban on firms linked to the Grenfell fire will initially focus on the “most appalling companies”, deputy prime minister Angela Rayner told MPs yesterday. In November, the government announced that initial warning letters had been sent by the government to 49 organisations involved in the Grenfell Tower tragedy. Rayner told