Carillion could enter administration on Monday unless UK backs rescue – Sky

LONDON (Reuters) – British building and services company Carillion (CLLN.L) could enter administration on Monday unless Britain’s government backs a rescue plan, Sky News reported on Saturday, citing sources.

FILE PHOTO: A Carillion sign in Manchester, Britain July 13, 2017. REUTERS/Phil Noble/File Photo

Carillion said on Friday it remained in “constructive discussions” with its creditors and suggestions that they had rejected its business plan were incorrect.

A collapse of Carillion, which provides services to government departments including justice, health and education, and has built hospitals, roads and rail lines, would be felt across

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