In construction, any machinery breakdown or failure can result in enforced and unplanned downtime, causing financial loss to both the company and the project and lower rates of productivity.
Latest Business News
Civils project starts fall by a quarter but approvals up
The volume of civils work starting on site in the UK has fallen by a quarter in the past year, research has revealed.
Things can only get better: Labour’s plans for infrastructure
Sir Keir Starmer has said he is a ‘Yimby’ (“Yes in my back yard” as opposed to a Nimby), and he and his party set out their stall on their ambitions for building at the Labour party conference.
West Midlands boosted by £2.7bn transport investment
Transport for West Midlands (TfWM) has welcomed a £2.7bn investment into the region’s transport infrastructure.
KPMG fined £21M for Carillion audit failures after ‘damning’ findings
KPMG has been fined £21M for failures in its audit of collapsed construction company Carillion.
British Construction Industry Awards 2023 celebrates the breadth, depth and value of the sector
The British Construction Industry Awards (BCIAs) took place last night, 11 October, at London’s glamorous Grosvenor House Hotel to celebrate the best projects, initiatives and innovations seen in the sector this year.
Defra’s mandatory digital waste tracking system will mark a new era for land and waste recovery
The introduction of a mandatory digital waste tracking system in the UK is imminent. Announced as a notion in the Environment Act 2021 to replace the existing paper-based system, the tracking system will mark a new era for land and waste recovery.
Contractors back Labour pledge to speed up infrastructure planning decisions
Industry leaders have backed Labour's promise to rewrite all 12 national policy statements (NPS) within six months of taking power in a bid to speed up infrastructure delivery.
ICE and Motts-backed carbon infrastructure assessment tool launched to become industry benchmarking source
The industry has backed the launch of the Built Environment Carbon Database (BECD) benchmark tool for infrastructure carbon assessment, with Mott MacDonald the first company to provide detailed data.
Encouraging results in Balfour and AtkinsRéalis project to create zero-carbon cement
Efforts to create industrial-scale zero-carbon cement have taken a "huge step" forward with "encouraging" results from an early trial.