Carillion

Carillion auditor KPMG slammed by watchdog

Carillion auditor KPMG slammed by watchdog

KPMG has been singled out for heavy criticism from the accounting watchdog in its annual review of the major auditing firms.

Subcontractors write off £2.8bn in bad debt

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Subcontractors wrote off around £2.8bn in bad debt last year, according to research by Bibby Financial Services (BFS).

Banks pull funding on £350m Midland Metropolitan Hospital

Contractor quotes £319m to finish Carillion's Midland Met

The banks providing the funding for the £350m Midland Metropolitan Hospital being built by Carillion prior to its collapse have pulled out of the project.

Carillion demanded immunity and £3bn rescue package

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Carillion asked the government for protection from regulators and to block customers from terminating contracts two weeks before its collapse, according to information released by the National Audit Office.