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Tag: Carillion

Review of governance

Code review aims to boost trust in big business

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New moves to control the behaviour of company boards and improve public trust in big business are published today.

Claims and insolvencies rise

Company failures soar as Carillion collapse takes toll

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Companies are falling victim to non-payment of debt at the highest rate for almost a decade, according to new figures.

Row over outsourcing

Taxpayers face £148m bill over Carillion collapse

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Taxpayers face a £148 million bill following the collapse of construction giant Carillion, the National Audit Office has said.

MPs find 'rotten corporate culture'

Big Four auditors face break-up call over Carillion

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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

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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

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