24 Jan 2018

The cost of Carillion’s collapse

Business Editor

The former bosses of the collapsed construction and services giant Carillion are to be called to give evidence before a committee of MPs next month to explain how the company came to fail.

But for the many sub-contractors owed money by the firm, the questions are far more urgent. We have been to meet a man whose company is owed at least £240,000.

He’s unlikely to see any of that money repaid and says he feels he’s been misled by promises that the government’s involvement in so many Carillion contracts might protect him if things went bad.