Carillion

76-90 of 108 Articles
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Trade bodies and unions have called on both the UK and Scottish governments to ensure that appropriate lessons are learned for future decisions on the procurement of large scale construction projects following the collapse on the UK’s second biggest construction firm. Carillion was placed into com

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Construction and outsourcing firm Carillion is being investigated by the UK financial services watchdog over statements issued over the first half of last year. In a brief statement to the stock exchange this morning, Carillion said the Financial Conduct Authority (FCA) is investigating “the timel

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SEPA chief executive Terry A'Hearn The consortium building the new Aberdeen bypass has been issued with a £280,000 penalty for a series of silt pollution incidents on the rivers Don and Dee.

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Carillion Powerlines has secured a £11.6 million contract to carry out electrification work on the Shotts line. The company will deliver enhancements to nine stations on the route between Holytown Junction and Midcalder Junction.

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Efforts to reduce the debt at Carillion have moved forward with the signing of a heads of terms with Serco Group for the disposal of a large part of its UK healthcare facilities management business. Pending approval from Carillion shareholders and consent from all the various clients, Serco will acq

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Shares in Carillion were temporarily suspended this morning after the troubled construction group warned it expects to breach its financial covenants by the end of December and that full-year profits will be “materially lower” than current expectations. The contractor has been trying to reduce c

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Carillion has confirmed it is considering a number of takeover offers for its UK healthcare business. Having made a pre-tax loss of £1.15 billion in the first half of the year, the group is undertaking a strategic review with as much as £100 million being spent restructuring the business by the en

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Losses at troubled UK building and services firm Carillion have now spiralled to £1.15 billion as more problem jobs were revealed by the firm this morning. In delayed half-year results, Carillion revealed it has made provision of £200 million for losses on its support services contracts and has ta

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Carillion has announced that its finance director Zafar Khan has left the company “with immediate effect” as part of a raft of leadership changes designed to turn around its fortunes. Zafar Khan, who only joined the beleaguered firm in January, will be replaced by Emma Mercer, who steps up from

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Troubled infrastructure firm Carillion has been selected to deliver facilities management services at hundreds of military sites across the north of England, Scotland and Northern Ireland. With a core revenue value of £158 million over the initial contract period of five years, but with the opportu

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The completion of work on the £745 million Aberdeen city bypass road is not in any danger despite turmoil at one of the project’s consortium partners, Transport Scotland has insisted. Last week construction and infrastructure firm Carillion continued a troubled spell after it issued a profit warn

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The Royal Institution of Chartered Surveyors (RICS) is calling on construction firms in Scotland to help tackle the skills shortage in the industry by helping some of their community’s most vulnerable people get back into work. It has been predicted that the UK construction industry will create ar

76-90 of 108 Articles