Carillion collapse

Frank field carillion inquiry

Carillion saga raises concerns about ‘our whole system’, says pensions committee chair

2018-02-23T12:34:00+00:00By

Frank Field said inquiry has highlighted issues with corporate accountability

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CITB urges industry to help axed Carillion workers

2018-02-23T12:30:00+00:00By

Training body says hundreds of jobs are needed to keep skilled workers in the industry

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Whistleblowers say Carillion asked suppliers to delay invoices

2018-02-23T06:30:00+00:00By

Inquiry hears failed contractor wanted to be charged after reporting deadlines

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Carillion's £845m writedown was originally £695m

2018-02-22T11:24:00+00:00By

Number was revised upwards by interim chief Keith Cochrane

Heidi allen

Inquiry hears Carillion FD thought pension schemes were 'a waste of money'

2018-02-22T14:39:00+00:00By

Richard Adam is said to have made comments at a meeting in 2013

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Repair work to Carillion's cracked hospital beams still not finished

2018-02-22T11:10:00+00:00By

Problems discovered in November 2016 which bust firm said cost £20m to repair

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Amey snaps up Carillion rail contracts

2018-02-22T10:32:00+00:00By

Purchase saves jobs of 700 workers

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Carillion exploited government awards to calm supplier nerves, documents show

2018-02-22T06:30:00+00:00By

Firm told subcontractors days after £845m writedown that deals such as HS2 were ‘sign of confidence’

Frank field carillion inquiry

Carillion directors 'contemptuous' about pensions obligations, says pensions committee chair

2018-02-20T10:09:00+00:00By

Trustees twice sought formal intervention from pensions regulator

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Carillion redundancies pass 1,000

2018-02-19T15:05:00+00:00By

But more than 7,500 jobs have been saved since firm went bust five weeks ago

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Carillion's Aberdeen road partner queries why it paid dividends as debt rose

2018-02-19T06:30:00+00:00By

Galliford Try boss says handing shareholders returns as deficits soared was ‘toxic’

Aberdeen

Carillion's Aberdeen road staff taken on by JV partners

2018-02-16T17:05:00+00:00By

Milestones left on delayed scheme to be announced in coming weeks

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MPs demand more answers from Carillion directors

2018-02-16T10:28:00+00:00By

Former bosses face further scrutiny over claims made last week

Carillion

Carillion inquiry committee wants redundancy payments speeded up

2018-02-15T14:54:00+00:00By

MPs worry that staff who have lost their jobs are waiting too long to get money

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Multiplex owner snaps up Carillion's FM work

2018-02-15T07:53:00+00:00By

Brookfield subsidiary to take on 2,500 UK staff

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Analysis: Fine margins

2018-02-22T06:30:00+00:00By Hamish Champ

Carillion’s collapse is easy to dismiss as a one-off case of mismanagement. But what it also reveals is how hard it is to keep a healthy balance sheet in an industry with wafer-thin margins. Is it time to blame the system

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‘This was a house of cards that could fall down at any moment’

2018-02-08T06:30:00+00:00By

Invited by MPs this week to explain how the construction and FM giant collapsed so precipitously, the firm’s former bosses revealed something of the mess they got themselves into

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Carillion: Questions to be answered

2018-01-31T06:30:00+00:00By

Ahead of next week’s Select Committee grilling of Carillion’s directors, Joey Gardiner delves into the £5bn contractor’s accounting practices and how it got itself into such an unholy mess

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Tackling late payment in the construction sector

2018-02-12T06:30:00+00:00By

If good can come out of Carillion’s collapse, it would be a recognition across the industry that late payment simply isn’t good business practice

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Carillion: Who's delusional?

2018-02-08T06:30:00+00:00By

Carillion’s maligned boss made some valid points, even if MPs seemed not to listen

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A new age for the performance bond

2018-02-08T06:30:00+00:00By ,

In the fallout of Carillion’s collapse, the use of performance bonds as a way of derisking a project has come to the fore

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Legal blog: When things go phut

2018-02-08T06:30:00+00:00By

With the Construction Act up for review, it’s the perfect moment to add a key item from Latham’s wish list that got left out last time: compulsory project bank accounts. Tony Bingham explains

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