Newspaper coverage of the collapse of Carillion continues, with The Times and the Daily Telegraph reporting that the company’s chief executive is accusing Royal Bank of Scotland of scuppering an 11th-hour rescue deal.
The fall-out on creditors, exposure and contagion fears is widely reported, with The Times also running a story on how a £200m dispute in Qatar over a project linked to the 2022 World Cup helped to push Carillion to the brink.
The FT broadens the picture of troubled UK outsourcers by reporting that the government has put Interserve on watch, amid fears over the financial health of the FTSE 250 contractor.
Times (£): Tens of thousands face losing jobs as sites close
Times (£): RBS ruined rescue deal
Telegraph: Carillion chief executive points the finger at RBS
Independent: Suppliers to get less than 1p for every pound they are owed
Times (£): Qatar ‘owed Carillion £200m’ for World Cup building work
Telegraph: Van Elle shares plunge as it reveals £1.6m exposure
Times (£): MoD wanted to ditch contractor
Guardian: Subcontractors lay off staff
Guardian: Ministers fast-track inquiry into directors’ conduct
Times (£): Carillion ‘building a Rolls but paid for a mini’
Times (£): Scramble to play down panic over exposure
FT: Carillion collapse a watershed for outsourcing, says Corbyn
FT: Minister seek a fast tracking of investigation
FT: Carillion held just £29m cash when it collapsed
FT: Interserve under government watch over financial health fears
