Carillion Construction and Services of Britain collapsed today as banks refused to lend them any additional funds, overshadowing hundreds of major projects.
This comes at a time when the British government confirmed that it will continue to provide all services of the public sector, which will be affected by the announcement of the collapse of "Carillion".
The giant was forced to undergo forced liquidation after costly contract delays and a decline in new activities, sparking a series of warnings about the results, resulting in a loss of more than one billion pounds ($ 1.4 billion) in the first half of the year.
"In recent days we have not been able to raise funds to support our plan of action, so we reached this decision, which we deeply regret," said Philip Green, chairman of the company.
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