News

Major transport projects may not be deliverable, says audit office

The National Audit Office’s (NAO) review of the Department for Transport’s (DfT) spending plans says it may not be able to pay for all of the projects planned under its £41 billion annual budget.

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‘Gold Standard’ for value and net zero in procurement launched

Constructing Excellence and Kings College London have launched an independent verification scheme designed to ensure that Government and the wider public sector adopt urgent recommendations for improved value, reduced risks and achievement of net zero on all their construction projects.

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Economic crime act receives Royal Assent

The Economic Crime and Corporate Transparency Act, which is said to contain the most significant reforms to UK corporate criminal liability in more than a decade, received Royal Assent on 26 October. The government hopes it will lead to a crackdown on economic crime such as corruption, money laundering and fraud said to be costing the UK £350 billion a year.

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Credit insurance bites construction supply chain

The Construction Leadership Council (CLC) has warned that access to insurance is becoming an increasing concern for the supply chain.

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Scottish construction transformation consultation

The Construction Leadership Forum (CLF) is consulting the Scottish construction industry on its plans for transformation of the sector outlined in its Transformation Action Plan (TAP).

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High Court ruling suggests arbitration reform might be needed

A High Court judge says he will report two lawyers involved in a controversial arbitration which he overturned to their regulatory authorities, in a ruling that is splitting option on whether it could undermine or reinforce London’s leading role as an arbitral jurisdiction. Questions are also raised over whether the arbitration process is itself in need of reform.

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Biggest ever water investment planned

Water companies in England and Wales have submitted plans for what is said to be the largest ever investment in the sector to the regulator Ofwat.

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Whistleblowers allege Parliament was misled over HS2 costs

HS2 has become embroiled in allegations by whistleblowers that the company deliberately covered up its escalating costs to prevent government from cancelling the project.

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Carillion test case dropped

The government has dropped legal action against five former Carillion non executive directors hours before what was being seen as a test case was due to start.

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News in Brief: November 2023

Newham Borough Council has successfully prosecuted a building owner for failing to remove flammable cladding from a residential building despite having been served an improvement notice in 2020.

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