More than half of companys 19,500 workers still in limbo as suppliers count cost of its failure
Carillions liquidation is causing problems for former employees and along its supply chain
Photograph: Yui Mok/PA
A month after the government contractor Carillion folded, the effects of its failure are still filtering through.
The latest cost of the companys collapse has landed on the construction firm Galliford Try, which is to tap shareholders for £150m after taking a £25m hit on the cost of picking up Carillions share of their Aberdeen bypass joint venture.
Galliford Try needed the extra cash, it said, so that it did not have to divert money from other projects it was working on. Its sha…
Read the full article at: https://www.theguardian.com/business/2018/feb/14/carillion-a-month-after-its-collapse-employees-partners-and-rivals-are-still-feeling-the-pain