- Carillion has fallen into liquidation
- Collapse puts thousands of jobs and pensions at risk
- Up to 30,000 firms risk losing out on £1bn
- MPs launch inquiry into public sector outsourcing
- Government kept awarding contracts despite fears
- What does Carillion’s collapse mean for pensions?
- Analysis: Missed warning signs and huge debt
- Government official overseeing Carillion ‘rotated off’
Crisis-hit construction giant Carillion has plunged into liquidation, owing up to 30,000 businesses around £1bn in unpaid costs, and putting thousands of jobs and pensions at risk.
Carillion has around 20,000 UK employees and is a major supplier to the Government, building infrastructure including the HS2 project and maintaining schools and prisons.
H/t reader eric:
“The fallout could be the trigger for UK collapse.
Barclays, HSBC & Santander are the biggest lenders.
The two former banks are ruthless, really ruthless (from personal experience), and part of the Rothschild structure.”
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