Investigation launched into Carillion’s financial statements
It's a new year, but more of the old problems for Carillion as the Financial Conduct Authority (FCA) has launched an investigation into whether it wrongly delayed publishing market-sensitive information.
The construction services giant suffered a dreadful second half of 2017 that was started when it issued a major profits warning on July 10.
Its shares fell by 70% that week before dropping again in November. Carillion's value fell by 93% during 2017, valuing the £4bn-turnover company at just £80m.
The FCA is now examining "... 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...
