Main Menu

Tag: Carillion

MPs find 'rotten corporate culture'

Big Four auditors face break-up call over Carillion

Carillion sign
The Big Four accountancy firms are facing calls to be broken up ...

Company held back payments

Carillion used cash owed to suppliers to hide debt

Keith Cochrane
Failed construction giant Carillion used money owed to its suppliers, many of them small businesses, to hide the true level of its debt, an inquiry has revealed.

Engineering firm fails

Carillion crash claims 90 more Scots workers

An engineering firm has plunged into administration after becoming the first major casualty of the failed construction giant Carillion.

Rights issue launched

Galliford Try raises £157m to complete Aberdeen bypass

Aberdeen bypass
Construction company Galliford Try has confirmed plans to raise new capital to help complete the Aberdeen bypass

Minutes reveal concerns

Pressure mounts on KPMG over ex-CFO’s warning

Frank Field
More questions were directed at the auditor KPMG after it was revealed a former Carillion director raised concerns about the firm just six weeks into her job.

Big payout for executive

Former Carillion FD cashed in as firm sank

Carillion sign
A former Carillion director sold shares worth three-quarters of a million pounds just before the construction company issued dire warnings...

Auditors grilled over collapse

Carillion annual reports ‘worthless’, say MPs

Carillion sign
Auditors who signed off the figures of the collapsed Carillion construction company were today told its annual reports were "worthless" .

Directors facing more questions

Scots investor in legal threat against Carillion

Keith Cochrane
A Scottish investment firm, which suffered heavy paper losses in Carillion's collapse, considered suing the company

Funds needed for Aberdeen by-pass

Galliford Try raising £150m after Carillion failure

Aberdeen bypass
Construction group Galliford Try is being forced to raise £150 million to help complete the Aberdeen by-pass following the collapse of Carillion.

Cochrane 'truly sorry' for firm's failure

Carillion led by ‘delusional characters’ say MPs

Keith Cochrane
Former Carillion executives were today accused of being "delusional characters"