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Tag Archives: Carillion

Nearly £150 million cost to taxpayers from Carillion liquidation

Carillion’s collapse has cost UK taxpayers an estimated £148 million, and there will also be significant costs to the supply chain, former Carillion workers, and investors, the National Audit Office (NAO) has revealed. The investigation into the government’s handling of ...

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Carillion ‘ripped off suppliers’ finds damning Parliamentary report

Carillion used its suppliers to “prop up a failing business model” is the damning conclusion of two influential Parliamentary committees, which ahead of the launch of the final report of their inquiry into the collapse of Carillion has published evidence ...

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ISS protects jobs on former Carillion trains contract

Northern, part of Arriva Trains UK, has saved almost 250 jobs from collapsed Carillion by bringing its Customer Experience Centre in-house and through securing a new contract with global facilities management company, ISS. Based in Sheffield, the customer excellence team ...

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Industry leaders urge reform following Carillion losses

The Electrical Contractors’ Association (ECA) and the Building Engineering Services Association (BESA) – two leading trade associations representing engineering services contractors, have joined forces in an industry delegation with Peter Aldous MP to petition Number 10 for urgent reform to ...

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YMF event: Is it time for competitors to collaborate?

This is the million-dollar question since the demise of Carillion which will be debated by a panel of experts at an event being held by the YMF. Following the recent announcement of Carillion’s insolvency, the workplace industry came together as ...

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Carillion House goes up for sale as Government announces 10,000 jobs saved

Carillion’s former Wolverhampton headquarters has gone up for sale with a price tag based on offers in excess of £3 million. JLL and Bulleys have been jointly appointed to market the property at 84 Salop Street, which is currently known ...

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FM Clinic: What lessons can FM clients take following the demise of Carillion?

Following the demise of Carillion, what lessons should FM clients take from the fallout to ensure that their key suppliers’ finances are sound? If they do encounter a major problem how can they ensure the project or service is still ...

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FRC puts Carillion’s finance directors under the spotlight

The Financial Reporting Council (FRC) has commenced an investigation into the conduct of Richard Adam and Zafar Khan, former Group Finance Directors of Carillion plc and members of the ICAEW, in relation to the preparation and approval of the financial ...

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BGIS pulls out of agreement to acquire Carillion FM contracts in the UK

International real estate and facility management services provider, Brookfield Global Integrated Solutions (BGIS), has announced it is to pull out of the agreement it entered last month with the Special Manager for the Official Receiver to acquire a large portfolio ...

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ENGIE acquires Carillion’s housing maintenance contracts in Northern Ireland

ENGIE has reached an agreement with the Northern Ireland Housing Executive to acquire the long-term heating and building maintenance contracts which were previously operated by Carillion Energy Services Limited. The contracts include heating maintenance services for approximately 38,000 properties and ...

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