RE: voluntary liquidation15 Jan 2018 07:22
I'm afraid that the Guardian article that I have the link to 5 minutes ago says:
"Carillion’s chairman, Philip Green, says he deeply regrets the decision to put the company into liquidation.
But he insists there was no other option, after the company’s ‘stakeholders’ (ie, its bankers) declined to provide more short-term financial support over the weekend.
Here’s the official statement from Green:
“This is a very sad day for Carillion, for our colleagues, suppliers and customers that we have been proud to serve over many years.
Over recent months huge efforts have been made to restructure Carillion to deliver its sustainable future and the Board is very grateful for the huge efforts made by Keith Cochrane, our executive team and many others who have worked tirelessly over this period.
In recent days however we have been unable to secure the funding to support our business plan and it is therefore with the deepest regret that we have arrived at this decision.
We understand that HM Government will be providing the necessary funding required by the Official Receiver to maintain the public services carried on by Carillion staff, subcontractors and suppliers.”