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Carillion Auditors Face Formal Complaint Amidst Calls for Reform

THE FINANCIAL REPORTING COUNCIL has issued a formal complaint against KPMG and several of its current and former employees for allegedly providing “false and...

Ex-Carillion Workers Win Right to Seek Compensation 

EX-CARILLION WORKERS will be able to seek compensation after losing their jobs when construction and outsourcing giant Carillion collapsed in January 2018. Unite the union,...

Carillion Directors Boardroom Ban Should Have Come Sooner, says Unite

THE MOVE TO start legal steps to bar eight former directors of the collapsed construction giant, Carillion from top boardroom positions has been welcomed...

Carillion’s ‘Reckless Path to Destruction’ Should Result in Punishment for Guilty,...

THE ANNOUNCEMENT today by the Financial Conduct Authority (FCA) watchdog that senior executives of Carillion ‘misled’ the markets and acted ‘recklessly’ should result in the guilty being sent to...

Cost of Carillion’s Stalled Hospitals Reaches £2bn

THE TOTAL COST of the two major new hospitals in Birmingham and Liverpool, which failed contractor Carillion had been working on at the time...

Union Warns Lessons Still Not learned From Carillion Collapse

CONSTRUCTION WORKERS still face losing their jobs through no fault of their own with union Unite warning government has failed to learn lessons following...

Completion Costs for Liverpool Hospital ‘Underestimated’

THE cost of completing the stalled Royal Liverpool hospital following Carillion’s collapse have been “underestimated”, according to the Royal Liverpool and Broadgreen University Hospital Trust. Originally...

Carillion Board Bungled Big Calls But Could Have Recovered

INDEPENDENT restructuring professional, Alan Gullan has examined how the board of Carillion plc managed the company’s financial crisis in the six months before it...

Government’s Inaction Risks Further ‘Carillion-Style’ Meltdowns

THE GOVERNMENT’S inaction, a year after Carillion’s collapse, is putting jobs at risk and could result in future corporate meltdowns, warns Unite. Carillion went into...

Interserve – Another Carillion?

Financially troubled outsourcing giant Interserve could be ‘Carillion Mark Two’ according to the union Unite. Unite, which has 1,200 members working at Interserve, called on...