Re: Carillion Crisis
It will all get repeated when Capita goes..
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Re: Carillion Crisis
Exactly as they can dress it up in bright and shiny new clothes but the deep fault lines still remain the same.
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Re: Carillion Crisis
An unpublished report, commissioned by the board of the collapsed construction firm Carillion four months before its liquidation, has been released by MPs.
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https://www.telegraph.co.uk/business...ings-finances/ |
Re: Carillion Crisis
'Recklessness, hubris and greed' not my words but the words of the select committees.
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https://www.theguardian.com/business...-and-its-board |
Re: Carillion Crisis
http://www.bbc.co.uk/news/business-44129678
Not just the Carillion bosses. Quote:
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Re: Carillion Crisis
Outsourcing, nearly always a bad deal for the tax payer.
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Re: Carillion Crisis
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Re: Carillion Crisis
The real problem IMO is those doing the outsourcing contracts don't do the cost - benefit analysis properly so poor deals seem to be the norm.
As for those who should have been keeping tabs on these companies: Quote:
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Re: Carillion Crisis
Shocker the financial services industry doing a lousy job and making profit as they fail upwards.
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Re: Carillion Crisis
Now we have the East Coast rail-line train operators fiasco... Chris Grayling taken it back into government control.... Privatization seems to have failed here as well...
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Re: Carillion Crisis
Public and private in the current state is not working we need to find a third effective way for our essential services and we also need to reduce the power of the financial sector or at the very least have true accountability with real punishments for anti customer performance. The big four accounting companies don't care right now as there is little in the way of real consequences when they act negligently or illegally and until someone's head is on a real block they won't change they will just pass client's around between them.
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Re: Carillion Crisis
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But as usual the tax payer picks up the tab. :mad: |
Re: Carillion Crisis
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Re: Carillion Crisis
FCA investigates allegations of insider trading at Carillion.
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Re: Carillion Crisis
More trouble ahead perhaps?
https://www.theguardian.com/business...-to-raise-cash Quote:
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