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Posts published in “Business”

Challenging adjudication enforcement in the Technology and Construction Court

Adam Mathewson is a solicitor and Karen Morean is a partner at Devonshires Statutory adjudication has been a fixture of the construction industry for 25 years. Its success and acceptance within the industry is perhaps best demonstrated by how few adjudication decisions are challenged in… The post Challenging adjudication enforcement in the Technology and Construction

Repairs drive September construction growth

Construction output rose slightly in September on the back of a strengthening market for repair and maintenance work. The latest data from the Office for National Statistics shows monthly output increased by 0.4 per cent in volume terms in September, with a 2.1 per cent… The post Repairs drive September construction growth appeared first on

Cost of Kier’s HMP Glasgow job to double

The cost of a new prison in Glasgow that is being worked on by Kier is set to be larger than the Scottish Prison Service’s combined capital budget for the next three years, it has emerged. Speaking at the Scottish Parliament’s justice committee on Wednesday,… The post Cost of Kier’s HMP Glasgow job to double

Taylor Wimpey operating profit set to halve

Taylor Wimpey expects to post an operating profit of about £470m this year, despite the slowdown in the housing market. A trading update from the company said its profit would be at the higher end of its previously predicted range, which it attributed to close… The post Taylor Wimpey operating profit set to halve appeared

US Lawmakers Want to Ban Chinese Blockchains

Reading Time: 2 minutes US lawmakers have created a bill seeking to block government agencies and officials from interacting with blockchain projects with Chinese roots The lawmakers have mentioned Tether’s creator as one of the projects they’d like to block usage They’ve also expressed their suspicion about China’s heavy investment in blockchain technology The fear

Crypto Critic Nouriel Roubini Launches His Own Cryptocurrency

Reading Time: 2 minutes Nouriel Roubini, a prominent crypto critic, is behind a new crypto project – Atlas Climate Token Roubini, who has heavily criticized cryptocurrencies and blockchain technology, is now supporting a blockchain-based token Despite the project’s noble goals, the crypto community has largely focused on the irony of Roubini’s involvement In a move

Eight-day Bitcoin ETF Approval Window Opens

Reading Time: 2 minutes The SEC now has an eight-day window to potentially approve all 12 pending Bitcoin ETF applications Discussions between the SEC and Grayscale regarding Bitcoin Trust conversion have allegedly been ongoing In the event of approval, the SEC could greenlight a Bitcoin ETF ready for immediate trading...