Carillion: Urgent talks on construction firm's future

The future of troubled engineering company Carillion is being discussed at high-level government meetings this weekend, the BBC understands.

The firm is a key government contractor for projects including the HS2 high speed rail scheme, schools and prisons.

There are fears it is close to collapse as it struggles with £1.5bn of debt and a pension shortfall of £587m.

On Friday, Carillion said it remained in constructive dialogue about short-term financing.

The Wolverhampton-based company is

To see the full content, share this page by clicking one of the buttons below

Click here to Read from the source

x

Check Also

Britain plans a departmental spending review next year

LONDON (Reuters) – Britain’s government plans to carry out a departmental spending review next year, ...

Shares