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Scottish firm engineers a bright future after 30 years in business

A Scottish engineering business that is celebrating its 30th anniversary this year has won several new contracts and plans to recruit a number of apprentices, trainees and skilled tradesmen in 2023. Ocean Kinetics has provided first-class engineering services to the marine, energy, decommissioning, renewables, fishing and aquaculture, power and utilities, and space industries for the […]

How to avoid underinsurance as building costs inflation reaches record high

Underinsurance remains a concern for many people and businesses. Underinsurance worsened during the COVID pandemic, and the Chartered Institute of Loss Adjusters has reported that over 40% of all commercial claims exhibit some degree of underinsurance, which is now compounded by soaring inflation. A new guide from the British Insurers Brokers’ Association (BIBA) advises how […]

Your business, your IT and cyber insurance

Cyber risks might not be high on most contractors list of concerns, but how well would your business function without access to your IT systems and records? With increasing reliance on IT, many contractors would grind to a halt. One of the main benefits of Cyber insurance is 24/7 access to the insurers specialist experts […]

Raw material values predicted to soar

The Royal Institution of Chartered Surveyors ( in recent articles has highlighted the increasing costs of construction. “Insulation, aggregates, timber and timber products, steel as well as shortages of building materials, higher costs of transport, energy and labour costs/availability remain among the key cost pressures”. It is also widely reported in the media about the […]