Ex-chief executive Richard Howson acted "recklessly" and misled others, a watchdog says.
The investigation into Carillion’s rapid insolvency and liquidation is now in full swing. Before the company officially threw in the towel in early January, the London Stock Exchange said it was ...
(Reuters) - Britain's Carillion (CLLN.L) made its second profit warning this year and said it may need to sell shares to shore up its balance sheet, dealing a fresh blow to the construction and ...
(Reuters) - British construction and services company Carillion collapsed on Monday when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of ...
As the fallout from the failure of the construction giant Carillion ripples across the world, bad behaviour by company directors, pension fund trustees, auditors and U.K. government departments is ...
After a weekend of unsuccessful talks with creditors, lenders and government officials, the U.K.'s second largest contractor, Carillion PLC, went into compulsory liquidation on Jan. 15. The company ...
The collapse of Carillion could be "the first in a series of crises for construction's big players," according to leading consultant Mark Farmer. Farmer told Business Insider that Carillion could be ...
Contrary to popular — and populist — opinion, outsourcing is a messy business with little margin for profit. Or for error. Serco boss Rupert Soames has a lavatory ...
Hot on the heels of Carillion’s failure, another U.K. corporation is in trouble. On Wednesday January 31, 2018, the outsourcing giant Capita Group plc issued a shock profits warning, suspended ...
British builder Carillion issued its third profit warning of the year Friday The firm said it was at risk of breaching year-end financial covenants and would need to recapitalize Carillion added that ...