Person of interest in UnitedHealthcare murder investigation is in custody
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NI rise expected to push construction costs up by 1 per cent
Construction costs will rise by up to 1 per cent due to the increase in National Insurance employer contributions in April next year, according to consultancy Arcadis. The hike in the rate at which contributions are paid – from 13.8 per cent to 15 per cent – will come alongside a fall in the threshold
National Insurance hike to delay construction recovery
The latest Market View report from Arcadis titled Stuck in the Middle highlights the challenges posed by stubborn inflation, escalating costs, and regulatory complexities. Aracdis experts said a full recovery is now anticipated in 2026 – later than previously forecast. The industry remains varied, with labour shortages, particularly in MEP trades, expected to affect data
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services Gino Matos · 2 weeks ago · 2 min read Paul Grewal stated that the letters, acquired through FOIA requests, prove that Operation Chokepoint 2.0 existed. 2 min read Updated: Dec. 6, 2024 at 7:02 pm UTC Cover art/illustration via CryptoSlate. Image
US: Initial Jobless Claims increased to 224K last week
Initial Jobless Claims climbed more than estimated to 224K. Continuing Jobless Claims rose to 1.871M in the week ending November 22. US citizens filing new applications for unemployment insurance rose to 224K for the week ending November 29, as reported by the US Department of Labor (DoL) on Thursday. This print came in above initial
Construction industry has mixed view on Budget measures, survey reveals
Rachel Reeves Only 20 per cent of construction professionals believe the Autumn Budget will be good for the industry, according to a new market report from Gleeds. Some 28 per cent thought it was actively bad for the sector, with issues like higher National Insurance rates potentially hitting contractors whose margins are often delicately poised
‘A slap in the face’: Contractors blast upcoming NI changes
Two major CN100 firms have warned the changes to employers’ National Insurance (NI) will hit the construction sector hard. Directors at Glencar – the 53rd biggest contractor in the UK – and Seddon – the country’s 100th biggest construction firm – told Construction News the planned changes will be a “slap in the face” for all
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Dutyholder regime creates insurance risk, warns CLC lead
The new post-Grenfell dutyholder regime could cause insurers to slash professional indemnity insurance (PII) coverage, a Construction Leadership Council (CLC) lead has warned. Insurers may carve out more exclusions within PII coverage as new obligations for the principal contractor (PC) role create uncertainty over liability, insurance veteran Samantha Peat told Construction News’ CN Forecasting conference
Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm
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