United Kingdom business secretary calls for fast-tracked Carillion probe


He was challenged to offer a guarantee that no other major public service contractors will follow Carillion into liquidation.

Lee Green, insolvency and recovery director at Larking Gowen, said some Carillion subcontractors had sought help from the firm. The contract was estimated to pay HIP $988 million over 30 years, an average of $28.7 million a year in monthly service payments once construction was complete and a one-time lump sum of $35.7 million upon substantial completion.

"I will continue to meet with them in the days and weeks ahead to ensure these commitments are being acted on", he said.

The United Conservatives called on Transportation Minister Brian Mason to provide Albertans with an update after Carillion PLC filed for bankruptcy yesterday.

Earlier the Prime Minister had defended Whitehall departments who awarded contracts worth billions to the firm when it was already in financial difficulty in a heated row with Jeremy Corbyn.

"The Scottish Government and our agencies are working closely with the liquidators and the UK Government regarding the measures they intend to put in place regarding private sector, Network Rail and UK Government-backed contracts, and to secure the completion of these contracts".

This will be a relief for the approximately 8,500 people employed on private sector work, including facilities management contracts, who faced lay-offs today.

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"It looks like the Government was handing Carillion public contracts either to keep the company afloat, which clearly hasn't worked, or it was just deeply negligent of the crisis that was coming down the line".

Downing Street confirmed public services run by Carillion are still being provided but insisted there was "no complacency" and the situation would be "monitored". If suppliers have not been paid then they are being told to register as a creditor in the liquidation.

"Until we see something in black and white saying that, 'Yes, you will get paid on these set terms, ' then we will consider sending our cleaner back in again".

The government has fast-tracked an investigation into the directors at failed construction giant Carillion.

A spokesman for Carillion Canada told The Canadian Press that all of its employees continue to be paid and that business is proceeding as usual.

HMRC, offering them more time to pay tax bills and providing workers with cash support through the tax credits system.