Carillion going bust

Last time I heard Radio 5 Live were still waiting for a comment from the government after 2 days.
 
Last time I heard Radio 5 Live were still waiting for a comment from the government after 2 days.
They announced in Parliament yesterday there's a plan in place but refused to tell MP's what it was. Makes me think there isn't one.
 
People have known about this since 2015 and made a lot of money out of it, on top of that it became general knowledge at the end of 2016, they should have had a liquidator appointed long ago tbf.
 
It just sums up 'UK PLC' perfectly to me... mostly zombie companies in a zombie economy all reliant on a never ending line of debt, cheap credit and tax payer bailouts and subsidies just to survive.
 
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Fucking daft thing is one of their big competitors, Serco, who lost a tender for a £4bn contract to Carillion a couple of years ago warned they had under bid and would either have to come back for more dosh or fail to deliver - HMG ignored it. Tory Government AND Carillion auditors are in this shit up to their necks
So no chance of any investigation being a cover up then? Swept under carpet will be the result. It should be a great opportunity for Jezza and his mates to ask awkward questions; whether they do remains to be seen.
 
In a previous life/career, I worked as the Client on a scheme where Carillon were the main contractor on a large contract. The thing that struck me was the turnover of management on site. It was almost a new one every month and each time the new manager didn't know how long they would be staying.

The whole scheme was a bit of a shambles and that was three years ago!
 

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