Business
Why UK SMEs Are Prioritising Streetworks Certification in 2026
Britain’s utilities and construction contractors are running up against the same quiet problem. The jobs are there, the tenders are lucrative, but the qualified workforce to actually execute them is tightening year on year.
NRSWA (New Roads and Street Works Act) certification has gone from a nice-to-have credential five years ago to a genuine precondition for winning certain local-authority and utility contracts in 2026. Small and mid-sized enterprises in the sector are investing in certification at unprecedented rates, and the ones waiting to see how it shakes out are quietly losing ground to competitors who moved first.
The investment case is stronger than most SME owners initially expect. Reputable providers such as an NRSWA Streetworks Operative Course deliver five-day certification windows that map directly to the Street Works Qualifications Register, valid for five years, and the ROI calculation in labour productivity plus tender win-rate improvement typically pays the course cost back within a quarter. Here’s why the certification question has moved up the SME agenda and what business owners should understand before committing their training budget.
Why Has NRSWA Certification Become a Competitive Differentiator?
Three structural shifts over the last five years have made streetworks certification more valuable than it was historically.
The first is local authority procurement tightening. Councils across England and Wales have moved toward explicit certification requirements in their streetworks-related tenders. A contractor without certified operatives on the crew is increasingly disqualified at the paperwork stage rather than evaluated on price. That shifts the calculation from “is certification worth the cost” to “is not having certification worth the lost revenue”.
The second is utility sector consolidation. As water, gas, and telecoms contractors have scaled through acquisition, the larger acquirers are standardising on certified-only sub-contractor networks. SMEs without certification are finding themselves excluded from subcontractor lists they relied on for 20 percent or more of their annual revenue.
The third is insurance alignment. Public liability policies for streetworks contractors are increasingly pricing certification as a risk factor. Insurers quote more aggressively to firms with documented training records, and quote punitively to firms without. Over a multi-year insurance cycle, that premium differential adds real money to the certification ROI calculation.
What Does the NRSWA Course Actually Cover?
The standard five-day operative course covers six core competency areas:
- Locating underground apparatus. Cable avoidance, service detection, and safe digging practice around gas, water, electric, and telecoms infrastructure.
- Signing, lighting, and guarding. The traffic management requirements that protect both site workers and the public during active works.
- Excavation. Safe excavation techniques, including spoil management and working near underground utilities.
- Reinstatement of various materials. Returning surfaces, footways, and carriageways to specification after works complete.
- Safety and compliance paperwork. The documentation trail that local authority inspectors actually check.
- Practical and theoretical assessments. Both classroom-based testing and site-based competency demonstration before certification issues.
The five-day format compresses theoretical content, supervised practical work, and formal assessment into a concentrated window that SMEs can manage around project schedules.
What Returns Should SMEs Expect From the Investment?
Four measurable returns that certified SMEs typically document within the first year:
Contract win rate improvement. Firms that move from zero certified operatives to a certified team of 5-8 typically see a 15-30 percent lift in successful tender submissions over the following 12 months. The HSE’s guidance on streetworks safety documents the regulatory backdrop that makes this true.
Reduced project rework. Certified operatives reduce reinstatement failure rates measurably, which means fewer callbacks, less liability exposure, and lower margin leakage per contract.
Stronger utility subcontractor relationships. Placement on approved subcontractor lists with major utilities is gatekept by certification status. Getting on those lists often unlocks multi-year contract frameworks that drive predictable revenue.
Insurance premium improvement. SME growth stories like Mowgli Street Food’s private equity payday under founder Nisha Katona often document workforce investment as a scaling lever that institutional investors value when pricing growth firms. Public liability renewals come back 8-15 percent lower for firms with documented certification records, which compounds across the five-year certification validity window.
The combined effect typically pays for the training investment within 3-6 months of certification for a mid-sized contractor, and continues to compound thereafter.
How Should SME Owners Structure the Training Investment?
A practical framework for deploying a certification programme without disrupting operational capacity:
- Phase the team through training. Certify in groups of 3-5 over 6-9 months rather than pulling the whole crew simultaneously
- Prioritise supervisors first. NRSWA supervisor qualifications (a separate certification track) should precede operative certifications so senior staff can validate on-site practice
- Use downtime strategically. January-February is typically slower in UK streetworks; it’s also when providers run discounted courses
- Budget for recertification cycles. The five-year validity window means a firm certifying 10 people in 2026 needs to plan 2031 recertifications now
- Capture certification status in quote paperwork. Publicising credential levels in tenders directly influences evaluator scoring
The Construction Industry Training Board’s guidance on industry workforce development covers the wider funding mechanisms (such as CITB grants) that partially offset training costs for eligible employers.
What Are the Common Mistakes SMEs Make?
A short list of failure modes that trip up first-time certification programmes:
- Treating certification as a one-off cost. The five-year validity means SMEs need ongoing recertification budgeting baked into financial plans
- Over-certifying when not needed. Not every operative role requires NRSWA certification; some admin-adjacent roles don’t benefit from the training investment
- Under-certifying supervisory roles. The supervisor-level certification is where many SMEs under-invest, creating compliance gaps on-site
- Ignoring cross-functional utility benefits. Teams often need to work across gas, water, electric, and telecoms scopes; single-sector certification can limit contract flexibility
- Picking the cheapest provider without checking assessor credentials. NRSWA certification quality varies measurably by provider; the paper outcome is the same but field competency can differ
What to Remember
- NRSWA certification has moved from nice-to-have to precondition for many UK streetworks contracts
- The investment typically pays back within one quarter through tender wins, insurance savings, and utility subcontractor access
- Five-day operative courses deliver Street Works Qualifications Register certification valid for five years
- Phase team certification rather than pulling the full crew simultaneously
- Budget for supervisor-level certification alongside operative training for best ROI
The Bottom Line for UK SME Owners
Streetworks certification has become one of the more measurable SME training investments available in 2026. The ROI path is clear, the contract-access benefits are documented, and the insurance-premium feedback loop compounds over the five-year certification window. For owners of growing trades or utility-adjacent firms, the question is rarely whether to certify the team. It’s how quickly to sequence the training against current project load. Getting ahead of the certification curve while competitors hesitate is one of the cheaper competitive moves available in the sector right now. Trades-sector entrepreneurs like Pimlico Plumbers founder Charlie Mullins have built their firms partly on workforce credentialing that competitors underinvested in.
Frequently Asked Questions
How long is NRSWA certification valid?
Five years from the date of successful assessment. Recertification is required before the expiry date to maintain the Street Works Qualifications Register listing.
What’s the cost of a five-day NRSWA operative course per person?
Typically £450 to £750 per operative depending on location, provider, and group booking discounts. CITB-registered employers may qualify for partial funding.
Can an SME self-certify through in-house training?
No. NRSWA requires accredited provider-delivered training with external assessment. Internal training cannot produce the Street Works Qualifications Register registration.
Which trades benefit most from NRSWA certification?
Gas, water, electricity, and telecoms operatives are the primary users. Construction firms doing groundworks, civil engineering contractors, and facilities management firms operating across streets also benefit meaningfully from certified crews.
Business
First Majestic Silver Corp. 2026 Q1 – Results – Earnings Call Presentation (TSX:AG:CA) 2026-05-12
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Dr Reddy’s Laboratories Q4 Results: Cons PAT falls 86% YoY to Rs 221 crore, revenue dips 12%; Rs 8 per share dividend announced
The company’s revenue from operations in Q4FY26 was down 12% to Rs 7,516 crore versus Rs 8,506 crore in the corresponding quarter of the previous financial year.
The company’s board recommended a final dividend of Rs 8 per equity share for the financial year 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting. The company has set the record date for determining eligible shareholders on July 10, 2026.
The profit after tax (PAT) was down 81% on a sequential basis from Rs 1,190 crore in Q3FY26 while topline declined 14% quarter-on-quarter from Rs 8,727 crore in the October-December quarter of FY26.
However, revenue increased 3% for the full year ended March 31, 2026 to Rs 33,593 crore from Rs 32,553 crore in the year ago period.
Growth was broad-based across key markets, except for North America which declined primarily on account of lower Lenalidomide sales and a one-time Shelf Stock Adjustment (SSA) of Rs 450 crore related to the product. Favourable foreign exchange rate movements further supported overall growth.
Excluding the one-time SSA, consolidated revenues were at Rs 7,970 crore billion in Q4FY26, a decline of 6.3% YoY and 8.7% QoQ and Rs 34,050 crore in FY26, a growth of 4.6% YoY.Gross Margin for Q4FY26 at 44.8%, a decline of 1,074 basis points (bps) YoY and 881 bps QoQ. For FY26 it stood at 52.8%, a decline of 573 bps YoY.
The YoY decline for the quarter was primarily on account of reduced sales of Lenalidomide, price erosion in North America and Europe Generics and a one-time SSA impact indicated earlier. FY26 was further impacted by one-time new Labour Code related provision in Q3FY26.
Excluding the one-offs related to SSA and new Labour Codes, gross margin for Q4FY26 at 48% and FY26 at 53.5%.
Business
Cardinal Infrastructure Group Inc. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:CDNL) 2026-05-12
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Trump FDA Commissioner Marty Makary out
Dr. Marty Makary is out as FDA commissioner, President Donald Trump said Tuesday, ending a controversial tenure at the health agency.
Makary is “a wonderful man and he’s going to be off, and the assistant, the deputy, is taking over temporarily,” Trump told reporters on Tuesday.
He added, “He’s going to go on, and he’s going to lead a good life.”
Several news outlets reported that Makary resigned on Tuesday, which followed days of reporting that the White House was planning to fire him.
Kyle Diamantas, who previously worked as the top food official at the FDA, will step in as acting commissioner, according to reports. Trump on Tuesday did not name Diamantas.
Makary, a surgical oncologist known for criticizing the government’s handling of the Covid pandemic, had reportedly fallen out of favor with both FDA staff and the White House in recent months. He served as head of the agency responsible for regulating food, drugs and medical devices for more than a year.
His tenure was marked by internal dysfunction and leadership turmoil at the FDA, along with mounting backlash from drugmakers, physicians and patient groups on regulatory decisions, including high-profile rejections of some rare disease treatments. At the same time, the White House reportedly grew increasingly impatient with what it viewed as his slow movement on Trump’s key policy initiatives, such as legalizing flavored vapes.
Makary has touted his accomplishments as commissioner, including his priority voucher program that accelerates review times for certain drugs.
But staff morale at the agency plummeted after layoffs and departures of career agency scientists, including longtime cancer regulator Dr. Richard Pazdur, who cited Makary’s leadership as his reason for leaving. Meanwhile, distrust of leadership has reportedly grown among the staff that remained.
Among Makary’s most polarizing appointees was Vinay Prasad, who served as a key agency official overseeing vaccines and biotech treatments before stepping down at the end of April. Prasad, an outspoken academic and podcaster, left the agency after mounting criticism of the FDA within the biotech and pharmaceutical industries and among former health officials.
For example, the FDA initially refused to review Moderna’s flu shot – a decision that the biotech company said was inconsistent with previous agency guidance and specifically stemmed from Prasad. The FDA later reversed course on the vaccine.
Prasad also faced backlash earlier this year for his rejection of a Huntington’s disease gene therapy from uniQure, which claimed the FDA was requiring it to perform fake brain surgery to evaluate whether the treatment works. In a CNBC interview in March, Makary appeared to criticize that treatment without naming it.
In April, the FDA rejected Replimune’s drug candidate for melanoma a second time after an initial rejection in July. The agency cited insufficient evidence of effectiveness and took issue with the single-arm trial design.
In an interview with CNBC in May, Makary said three independent teams have arrived at the same conclusion around the drug and that the FDA has not made “corrupt sweetheart deals.”
“I don’t work for Replimune, I work for the American people, and I stand by the scientists at the FDA,” Makary said in the interview with CNBC’s David Faber.
In March, Sen. Ron Johnson, R-Wisc., announced an investigation into the FDA’s rejection of rare disease treatments.
Business
Trump to head to Beijing for Xi summit amid AI chip and trade talks
Wall Street Journal’s ‘Free Expression’ deputy editor Jack Butler joins ‘Varney & Co.’ to discuss AI risks, global competition, and whether the U.S. should collaborate with rivals like China on emerging technology.
President Donald Trump is set to travel to China this week for a summit with Chinese President Xi Jinping that comes as the relationship between the world’s two largest economies is disrupted by ongoing trade disputes and emerging technology.
Trump’s meeting with Xi in Beijing on May 14–15 comes amid the Iran war affecting global energy markets, while the trade tensions between the U.S. and China continue to simmer amid tariff disputes, the artificial intelligence (AI) race and potential export deals.
The two countries may negotiate new commitments by China to purchase American farm goods and jetliners, with restrictions on the sale of advanced AI chips a potential sticking point.
Derek Scissors, a senior fellow at the American Enterprise Institute whose focus includes U.S. economic ties with China, told FOX Business that the “president wants to announce a bunch of purchases” of U.S. goods following the talks and sees China as having flexibility to make public commitments to that effect.
WHITE HOUSE ACCUSES CHINA OF ‘INDUSTRIAL-SCALE’ AI TECHNOLOGY THEFT WEEKS AHEAD OF TRUMP-XI SUMMIT

President Donald Trump’s last trip to China to meet with Chinese President Xi Jinping was in November 2017, which was the last visit by a U.S. president. (Evelyn Hockstein/Reuters)
“Xi Jinping can just say, ‘we are going to do this.’ It doesn’t mean they actually do it – they didn’t do it in the phase one deal – but he can say that, and they can announce that China will buy this many Boeings and this many soybeans, so I think they’re going to negotiate a purchase deal,” Scissors said.
He said that he views a public deal involving Chinese purchases of U.S. energy as unlikely due to political sensitivities stemming from the Iran war, but China may seek a deal allowing it to purchase advanced AI chips.
“On the Chinese side, they, of course, want more advanced technology. One of the reasons they have not bought any H200 Nvidia chips is that they want to put pressure on the company to sell them better chips,” Scissors said. “They’ll even eventually acquire H200 chips, and probably already have indirectly, but what they want is an agreement to sell more advanced chips.”
IN LETTER TO XI, TRUMP ASKS CHINA NOT TO SEND WEAPONS TO IRAN

Nvidia’s advanced AI chips have been a major point of contention in U.S. trade with China. (Jakub Porzycki/NurPhoto)
“That’s the basic economic trade: the Chinese make, or at least announce, large-scale purchases of U.S. items that we sell to China, which is aircraft and farm goods in the lead if you’re not going to count energy, and then we agree to sell them more advanced chips than the H200,” he said.
Scissors added that he’s unsure whether Trump is interested in selling the advanced chips to China, given the tension between his stated desire for more U.S. exports and the restrictions that have been put in place on the sale of those chips.
Kyle Chan, a fellow at The Brookings Institution’s John L. Thornton China Center, expressed a similar sentiment and told FOX Business that Beijing’s approach to export controls will be a big question ahead of the summit.
“Trump allowed the sale of Nvidia H200 chips to China subject to certain conditions. Beijing, however, has not been eager to allow the import of these chips. While Chinese AI companies would like to access stronger AI chips, Beijing is keen to support domestic AI chipmakers instead,” Chan noted. “Will Trump see this as a technology issue or a trade issue?”

President Donald Trump last met with Chinese President Xi Jinping in October 2025 in Busan, South Korea. (Evelyn Hockstein/Reuters)
Chan added that the investment deals that have been reached between the U.S. and Japan and South Korea, two regional rivals of China, may be appealing to Chinese leadership – though he cautioned it isn’t clear the U.S. would be receptive.
“Beijing is quite interested in increasing Chinese investment in the U.S. They look around and see U.S. investment deals with other countries like Japan and South Korea and wonder whether this might be an easy win-win. The real question is whether the U.S. would find this attractive or see this as a source of greater risk and dependency,” Chan said.
A spokesman for the Chinese Ministry of Foreign Affairs said that the two presidents will exchange their views on “major issues concerning China-U.S. relations and on world peace and development.”
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“China stands ready to work with the U.S. to expand cooperation and manage differences in the spirit of equality, respect and mutual benefit, and provide more stability and certainty for a transforming and volatile world,” the spokesman added.
Business
Federal court orders $150m compensation for Yindjibarndi in Fortescue feud
Fortescue has been ordered to pay the Yindjibarndi people $150 million for mining their lands without approval by Australia’s Federal Court.
Business
Tata Power Q4 Results: Profit slips 4% YoY to Rs 996 cr, revenue falls 13%
Revenue from operations fell 13% YoY to Rs 14,900 crore in the reporting March quarter, compared with Rs 17,096 crore in the year-ago quarter.
EBITDA rose 10% to Rs 4,216 crore during the quarter.
Tata Power said operational efficiency improvements and growth across core businesses supported earnings during the quarter. The company’s core business reported 13% YoY growth in PAT in Q4, driven mainly by generation, transmission and distribution, and renewables businesses.
For the full financial year FY26, Tata Power reported its highest-ever annual PAT of Rs 5,118 crore, up 7% year-on-year, while EBITDA increased 11% to Rs 16,090 crore. Annual revenue stood at Rs 63,681 crore.
The renewables segment remained a key growth driver. Renewable business PAT before exceptional items rose 59% YoY to Rs 1,994 crore in FY26, while Q4 PAT stood at Rs 406 crore.
The solar manufacturing business also saw strong traction, with FY26 PAT more than doubling to Rs 857 crore, aided by module and cell manufacturing ramp-up and yields exceeding 95%.The rooftop solar business reported a 150% jump in FY26 PAT to Rs 499 crore, while the transmission and distribution business posted a 49% rise in annual PAT to Rs 2,978 crore. Odisha discoms recorded an 84% increase in FY26 PAT at Rs 809 crore.
During the year, Tata Power commissioned 2.5 GW of renewable energy capacity and said its total renewable portfolio has now reached 11.6 GW, including projects under construction. The company also announced that the board of Tata Power Renewable Energy approved an investment of around Rs 6,500 crore for a 10 GW photovoltaic ingot and wafer manufacturing facility to deepen backward integration in solar manufacturing.
CEO and MD Praveer Sinha said the company continued to focus on long-term growth through clean energy expansion, transmission projects and distribution improvements across Odisha, Delhi and Mumbai. He added that rising electricity demand and India’s energy transition would continue to create growth opportunities across rooftop solar, manufacturing and customer-centric energy solutions.
Business
Is Spotify Down Now? App Experiences Minor Glitches as Users Report Playback and Login Issues on May 13
NEW YORK — The Spotify app faced scattered reports of technical difficulties Tuesday, with some users experiencing playback interruptions, login errors and delayed playlist loading, though the streaming giant has not confirmed a widespread outage. As of midday May 13, 2026, Downdetector and other monitoring sites showed elevated but not critical complaint levels, primarily centered on the mobile app rather than a full service disruption.
User reports spiked modestly in the morning hours, with many complaining about songs stopping mid-play, search functions failing, or the app freezing when opening curated playlists. Android users appeared disproportionately affected, echoing similar Android-specific issues reported on May 11. Spotify’s official status channels and support forums have remained relatively quiet, suggesting the problems may be isolated or resolving quickly.
A Spotify spokesperson said the company is aware of “intermittent issues affecting a small percentage of users” and that engineering teams are actively investigating. “Most users should experience normal service,” the statement read. “We recommend updating the app and restarting devices as a first step.” No major global outage has been declared, distinguishing today’s reports from previous widespread disruptions that affected tens of thousands.
Recent History of Spotify Disruptions
Spotify has encountered several technical hiccups in 2026. On May 11, Android users reported “Something went wrong” errors when accessing playlists, a problem that was largely resolved within hours. Earlier incidents in April and February also involved app crashes and server connection issues, often tied to backend updates or high traffic periods.
The music streaming service, which boasts more than 600 million users worldwide, relies on a complex infrastructure of content delivery networks, recommendation algorithms and real-time syncing. Even minor glitches can frustrate millions when they occur during peak listening hours.
What Users Are Experiencing
Common complaints Tuesday included:
- Songs buffering indefinitely or stopping after 10-15 seconds
- Playlists failing to load or showing as empty
- Login loops on mobile devices
- Search bar returning no results
- Downloaded content becoming temporarily inaccessible
Most affected users reported the issues began around 8-10 a.m. EDT. Desktop and web player versions appeared less impacted, with many listeners switching platforms as a workaround. Spotify Premium subscribers were not spared, though free-tier users with advertisements sometimes saw additional delays.
Troubleshooting Tips
Spotify recommends the following steps for users facing problems:
- Force-close and restart the app
- Check for app updates in the App Store or Google Play
- Restart the device
- Reinstall the app if issues persist
- Clear cache (Android) or offload/reinstall (iOS)
- Try switching between Wi-Fi and mobile data
For persistent problems, users can visit Spotify’s support site or community forums, where moderators actively monitor and update ongoing issues.
Broader Context of Streaming Reliability
Spotify is not alone in facing occasional service hiccups. Major streaming platforms including Netflix, YouTube Music and Apple Music have all experienced similar intermittent issues in recent months, often linked to rapid feature rollouts, server maintenance or unexpected traffic surges. As streaming consumption grows, the pressure on backend systems increases.
Industry analysts note that Spotify has invested heavily in infrastructure resilience, including multi-region data centers and advanced load balancing. However, the complexity of personalized recommendations, podcast integration and social features creates more potential points of failure than simpler services.
Impact on Users and Business
For casual listeners, today’s glitches represent a minor inconvenience. For heavy users and those relying on Spotify for focus, workouts or commutes, interruptions can be frustrating. Content creators and podcasters have also voiced concerns about reliability during live events or scheduled releases.
From a business perspective, Spotify continues to grow its user base and improve monetization despite occasional technical hiccups. The company reported strong subscriber growth in its most recent earnings, with premium users driving the majority of revenue. Short-term outages rarely have lasting effects on overall retention when resolved quickly.
When to Expect Resolution
Most reported Spotify issues in 2026 have been fixed within a few hours. If problems persist into the afternoon or evening, users should monitor official channels for updates. Spotify’s @SpotifyStatus account on X and the company’s community board typically post acknowledgments during significant events.
In the meantime, many affected users have turned to downloaded content, alternative platforms or web browsers as temporary solutions. Spotify encourages patience while technical teams work behind the scenes.
As streaming becomes central to daily entertainment, reliable uptime grows increasingly important. Today’s scattered reports serve as a reminder of the infrastructure challenges behind seamless music delivery. For now, most Spotify users appear able to listen without major disruption, with only a subset experiencing temporary issues.
Spotify continues to dominate the music streaming landscape, and these occasional glitches have not slowed its overall momentum. Users experiencing problems today are encouraged to try basic troubleshooting or wait for an automatic resolution, which has proven effective in similar past incidents.
Business
Earnings call transcript: Suncor Energy Q1 2026 beats forecasts but shares dip

Earnings call transcript: Suncor Energy Q1 2026 beats forecasts but shares dip
Business
Aussie shares wobble ahead of budget, oil surges again
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