Carillion auditor accused of misleading financial regulator

KPMG is facing a disciplinary tribunal over alleged misconduct regarding the provision of information to the Financial Reporting Council’s investigation into its audits of collapsed contractor Carillion’s finances.

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Sector welcomes delay to product marking changes

Confirmation that planned changes to British product safety marking rules are set to be delayed for a year following concerns raised by businesses has been welcomed by the construction sector.

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Improved contract management returns Costain to profit

Costain returned to profit during the first half of 2021 after problem contracts including a dispute over the A465 Heads of the Valleys road construction project left the firm with a £96.1m hole in its finances last year.

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New infrastructure bank appoints chief executive

The UK Infrastructure Bank set up to help finance projects across the country following the loss of access to the European Investment Bank after Brexit has appointed its first permanent chief executive.

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Company fined after workers contract occupational disease

Construction company Peter Duffy Ltd has been sentenced for safety breaches after multiple employees were diagnosed with Hand Arm Vibration (HAVS).

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Building safety jeopardised by professional indemnity problems

Rising premiums and the introduction of new restrictions on professional indemnity insurance policies are causing concern among industry professionals that building safety could suffer as a result.

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Balfour Beatty faces £50m potential liability for cladding issues

Balfour Beatty could face a liability of up to £50m to fix problems with cladding on a high rise development in London, according to its half year results released this week. The group says it will pursue all potential recoveries from third parties.

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Major infrastructure planning process under review

Government is inviting comments from lawyers and other interested parties ahead of a comprehensive review of the planning process for nationally significant infrastructure projects, following a pledge to improve the regime in last year’s National Infrastructure Strategy.

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Construction equipment breaches rise

Breaches of regulations which place duties on firms to manage the occupational risks of using construction equipment on sites rose by 40% during the first half of 2021, according to new findings from the independent Building Safety Group.

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