Post-Grenfell legislation may lead to a sharp withdrawal of professional indemnity (PI) insurance by cautious insurers.New laws impose extended liability timelines, potentially increasing insurers’ exposure to…
The Construction Leadership Council (CLC) has decided to halt its ambitious project aimed at eliminating retentions in the construction sector due to poor data sharing.The initiative…
Van Elle, a ground engineering specialist, reports a slight increase in profits despite rising provisions for construction defects.The firm’s pre-tax profit rose marginally to £5.6m, up…
The collapse of construction giant Carillion in early 2018 has left Oxfordshire County Council facing significant financial and structural challenges.The council has expended £13.5 million to…
