Latest Business News

The UK Infrastructure Bank (UKIB) has been established as a permanent institution, having been passed into law today after receiving Royal Assent.

Decarbonising construction will require new skills, innovative procurement and investment in technology, a major new industry report has declared.

The scale of disappearing workloads has been laid bare by a report showing that the value of new civil engineering work starting on site this winter was just a third of that begun in the same period last year.

A consultation has been launched on a levy that will force developers to contribute a “fair share” towards the funding of transport links and other local infrastructure.

Chancellor Jeremy Hunt’s Spring budget was an inevitable compromise, navigating between many complex areas of need. As a business leader in the engineering and consulting industry focused on sustainability and equity, diversity and inclusion, I found it to be a mixed bag of announcements.

Treasury director Philip Duffy has been appointed as the new chief executive of the Environment Agency and will start in the role from 1 July.

Mott MacDonald has completed its acquisition of Engevity, an Australian firm specialising in strategic advisory across the energy, climate and infrastructure sectors.

Investment in road maintenance and nuclear energy innovation were two of the headline announcements in yesterday’s spring budget announcement by chancellor Jeremy Hunt.

At a time when the framework market is more competitive than ever, it can be tempting for public sector organisations to shop around for one that ostensibly gives the lowest cost and – in their view – best “value for money”. However, while this may seem a prudent approach in…

A survey conducted by technology platform NBS has revealed 43% of construction professionals surveyed are "unclear" on details relating to the Buildings Safety Act.