Suppliers and workers must be ‘head of the queue’ as post-mortem begins
The reasons for the collapse of Carillion are long and varied and the full account of what happened probably won’t be known until a full report into the affair is completed.
Offering some analysis was Professor John Colley, of Warwick Business School, who said: "The problem at Carillion is twofold in that too many contracts were taken at poor margins and terms, which prevented any subsequent profitability under competitive pressure. Some were allocated during the recession when it was win work at all costs.
"The other key issu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
