Carillion: Government contractor enters compulsory liquidation 'with immediate effect' Company employs some 20,000 people in the UK and holds contracts for HS2, prisons, the NHS and the armed forces.
One of the Government's most important contractors has collapsed into liquidation as a result of its lenders refusing to provide any more financial support, raising fears about the future of hundreds of major projects at an already challenging time for the British economy.
Following several days of tense negotiations, the board of construction giant Carillion on Monday said that it had “no choice but to take steps to enter into compulsory liquidation with immediate effect’’. The Independent
One of the Government's most important contractors has collapsed into liquidation as a result of its lenders refusing to provide any more financial support, raising fears about the future of hundreds of major projects at an already challenging time for the British economy.
Following several days of tense negotiations, the board of construction giant Carillion on Monday said that it had “no choice but to take steps to enter into compulsory liquidation with immediate effect’’. The Independent
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