Latest Business News

Keller Group has announced that it has identified a financial reporting fraud in its Austral business in Australia.

The last year has been challenging for supply chains, with 2023 set for similar pressures and a raft of new legislation to boot. But forewarned is forearmed.

Disruption during the Covid-19 pandemic drew attention to both the importance and the fragility of the world’s complex supply chains. Almost every sector felt its effects in some way, including the biggest companies globally. Fortune discovered that 94% of the companies on its Fortune 1,000 list had suffered supply-chain challenges.

Ferrovial has completed the sale of Amey to UK investment firm Buckthorn Partners in a deal worth £400M.

The special purpose vehicle (SPV) set up to manage Birmingham’s roads maintenance contract will receive a final £35M payment from Amey once the takeover of the company is completed.

The former chief executive of Amey Andy Milner will return to head up the firm after ownership has been transferred from Ferrovial to Buckthorn and One Equity Partners.

The boss of a Scottish-based civil engineering firm has been banned from taking up director positions for 11 years after abusing Covid support loans.

CRH Group has announced it is considering putting Farrans up for sale after detailing plans for "divestment" in a strategic review.

West Yorkshire Combined Authority (WYCA) is poised to put a pause on 42 transport schemes facing inflationary pressures as it attempts to save £270M and create headroom for other projects to proceed.

Project managers are the glue that holds a team together to ensure proper delivery of work on behalf of a client. Furthermore, the use of the New Engineering Contract (NEC) is the best 'secret weapon' in their arsenal.