Carillion in a sentence

A general view of Carillion plc offices in Wolverhampton, as the Government said all Carillion staff should still come to work and "those already receiving their pensions will continue to receive payment", following the construction giant's collapse.

Those were followed in October by a record penalty of £21million over its accounting work for failed contractor Carillion.

The City regulator’s warning notice also says that Carillion’s systems, procedures and controls were not robust enough to ensure that its contracts were properly recorded and reported.

The potential censure only applies to Carillion, the company.

Carillion collapse: How did it go wrong?

Nevertheless, as the former auditor to Carillion, the construction group which collapsed in January last year with total debts of about £5bn, it continues to face intense scrutiny of some of its past work.

Nevertheless, the broader industry is in a state of flux, with margins under constant pressure and lenders warier in the wake of Carillion's collapse a year ago.

As one contractor combing over the Carillion ruins put it this morning, how are the JV partners’ cashflows going to cope with the sudden influx of hundreds of new employees to pay, millions of pounds of plant to hire, insurance fees to meet?

Carillion collapsed under the weight of £1.6 billion in debts and a pension deficit of £587 million this week, leaving many suppliers facing ruin.

Carillion has had trouble meeting standards for plowing and snow clearing.

Carillion has since folded.

Carillion is involved in a number of projects in Ireland, including five schools and the Carlow Institute of Further Education.

Carillion might not be a household name, but over the years it has absorbed better-known businesses, including Mowlem and Alfred McAlpine.

Carillion was using increasingly unusual methods to secure finance – a sign it was struggling to access more traditional sources, from banks and standard bonds.

EY was paid £29,000 by HS2 to find out whether Carillion was still able to fulfil the terms of its contract to build part of the line following the July profit warning.

Greg Clark, the Business Secretary, was one of several ministers who held talks with leading bankers to warn them against tightening credit terms for Carillion's sub-contractors - many of which could face financial ruin after its collapse.

In a further letter to Hinds, Halfon asked for a statement from the DfE oabout the plight of schools affected by the collapse of infrastructure group Carillion this week.

Its Canadian subsidiary, Carillion Canada, employs 6,000 people and generates about $1 billion annually through various contracts around the country, including three contracts to tend to 43 per cent of Alberta’s highways.

Johnson made the comments on Monday in response to a question about the collapse of Carillion.

Let’s consider the £660,000 salary of Carillion’s former chief executive, Richard Howson.