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Tag Archives: KPMG

Clugston Group enters administration

Construction

The Clugston Group has fallen into administration having suffered losses on a number of large and complex energy from waste contracts, accentuated by the insolvency of a key subcontractor. Operating from over 25 sites primarily across the North and Midlands, ...

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Construction industry holds auditors accountable for Carillion collapse

The construction industry views the collapse of Carillion as a result of aggressive accounting policies and a close relationship with KPMG. A survey of the supply chain conducted by public sector procurement specialist, Scape Group, finds that 93 per cent ...

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KPMG names potential buyer for collapsed Scottish building services firm

Catalus Energy Investments Limited has been announced as the preferred bidder to take over Scottish building services firm McGill & Co Limited which went into administration at the beginning of February following challenging trading conditions, disputes and delays in payment ...

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FRC provides update on Carillion investigation

UK audit watchdog, the Financial Reporting Council (FRC) has provided an update into its investigation of the collapse of construction giant Carillion last January following “significant public interest” in the case. The FRC is investigating KPMG’s audits of Carillion (2014-2017) and ...

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