MPs have labelled the ‘spectacular fall’ of collapsed contractor Carillion the result of “recklessness, hubris and greed”. A report by MPs into Carillion’s insolvency has recommended former directors be banned from serving
The UK’s richest people, consumer spending fails to rebound, and other trending news
Chemicals tsar Jim Ratcliffe has been ranked the richest person in Britain, increasing his wealth by £15bn in the last year. Ratcliffe rose from 18th to first place on The
Carillion (LON: CLLN) collapses as banks refuse to lend it any more money
LONDON (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
TheBizLounge: @Carillion issues profits warning, suspends divi, #ceo steps down
FTSE250 construction and support services giant Carillion has issued a profits warning and suspended the dividend for this year amid ‘challenging’ market conditions and the firm’s ceo, Richard Howson, has