Capita turns to shareholders to fund business relaunch

Apr 23 2018

Capita is raising 700 mn pounds to reshape a business that Lewis said had failed to adequately control costs and had grown unwieldy through acquisitions.

'UK's pensions regulator ignored trustee requests on Carillion'

Feb 20 2018

Britain’s pensions regulator twice ignored requests from trustees of collapsed outsourcing firm Carillion to force the company to plug its pension deficit.

British construction Galliford Try looks to raise 150 mn pounds

Feb 14 2018

Galliford Try laid out plans to raise 150 million pounds from investors in coming weeks and said it would bring forward plans to increase its dividend cover.

British government says another 101 jobs at Carillion will be cut

Feb 08 2018

The British government said that another 101 jobs at Carillion Plc will be cut, as the fallout from Britain’s biggest corporate failure in a decade continues.

Handelsbanken fourth-quarter profit hit by Carillion collapse

Feb 07 2018

Handelsbanken reported fourth-quarter profit below expectations as loan losses stemming from the collapse of British construction and services group Carillion.

Fairfax to buy some of Carillion's Canadian services business

Feb 05 2018

Insurer Fairfax Financial Holdings Ltd said it would buy some Canadian assets of bankrupt UK-based construction and services company Carillion for an undisclosed amount.

Capita shares crash 40 percent as UK outsourcer cuts forecasts

Jan 31 2018

Capita lost 40% of its value after its new boss slashed profit forecasts and set out plans to raise cash to avoid the same fate as collapsed Carillion.

John Laing Fund aims to replace collapsed Carillion on projects

Jan 29 2018

John Laing Infrastructure Fund, said it was working to replace collapsed Carillion as facilities management provider on nine projects.

British accounting watchdog to investigate KPMG's audits

Jan 29 2018

Britain’s FRC watchdog said it had opened an investigation into KPMG’s audit of the now-collapsed Carillion (CLLN.L), covering the years 2014 to 2017.

Carillion attempted to 'wriggle out' of pension obligations: MPs

Jan 29 2018

British construction outsourcing company Carillion Plc attempted to “wriggle out of its obligations” to pensioners for the last decade, according to Parliament’s Work.

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