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Have you made provisions to deal with historic health and safety breaches?

19 August 2016

Balfour Beatty was fined £2.6 million in May 2016 following a fatal accident in April 2010. In its half year results statement the construction giant has announced that it has reassessed its potential liabilities for historic health and safety breaches and has made provisions totalling £25 million.

Have you reviewed your potential liabilities for health and safety offences? You may think that your liabilities are not nearly as significant as a company the size of Balfour Beatty but it would be naive to assume that your company’s exposure is not as significant in the context of your turnover and more importantly your profit. In June 2016 a company with a turnover of £21 - £25 million, Watling Tyres, was fined £1 million for a fatal accident in 2010.

It has never been more important to review your historic health and safety liabilities and to consider how you can best protect your company’s future liabilities.

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