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RE: After The Carillion Collapse: Who Is To Blame?

in #carillion7 years ago

LONDON (Reuters) - Britain's Carillion Group said on Monday it was bankrupt at a time when thousands of employees feared losing jobs.
The British company began steps to enter the mandatory liquidation after the authorities refused to use budget funds to save them.

Most of the company's contracts in Britain are government contracts,

Ministers in the Teresa-Mai government, and possibly previous governments, have questions about giving them government contracts at a time when markets are aware of the company's deteriorating status and possible bankruptcy.

According to the newspaper "Sun" British, the company employs about 20 thousand employees at the headquarters in Britain only, and after the bankruptcy decision, these jobs are in the wind.

Some 43,000 jobs around the world were threatened by the collapse of the company, which is heavily involved in the HS2 project as part of a £ 6.6 billion contract.

The British company "Carillion" has previously contributed to the construction and maintenance of Heathrow Airport Hall, and contributed to the establishment of a number of hospitals.

The British company has many projects in various fields.