Carillion collapse

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


Frank Field said inquiry has highlighted issues with corporate accountability

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CITB urges industry to help axed Carillion workers


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


Whistleblowers say Carillion asked suppliers to delay invoices


Inquiry hears failed contractor wanted to be charged after reporting deadlines

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


Number was revised upwards by interim chief Keith Cochrane

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


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


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

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Amey snaps up Carillion rail contracts


Purchase saves jobs of 700 workers

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Carillion exploited government awards to calm supplier nerves, documents show


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

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


Trustees twice sought formal intervention from pensions regulator

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Carillion redundancies pass 1,000


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


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


Carillion's Aberdeen road staff taken on by JV partners


Milestones left on delayed scheme to be announced in coming weeks


MPs demand more answers from Carillion directors


Former bosses face further scrutiny over claims made last week


Carillion inquiry committee wants redundancy payments speeded up


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


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’


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


Carillion: Questions to be answered


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


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?


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


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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