Carillion collapse: contingency plans kick in

Written by admin. Posted in News and current affairs

Carillion has been on the edge of a precipice since its profits warning in July and subsequent posting of a £1.1bn interim pre-tax loss in September. Clients and joint ventures partners have had months to prepare contingency plans and some of these are kicking in today.

Carillion has been on the edge of a precipice since its profits warning in July and subsequent posting of a £1.1bn interim pre-tax loss in September. Clients and joint ventures partners have had months to prepare contingency plans and some of these are kicking in today.

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