Bureaucrats’ failure of imagination fed the monster of Carillion



I don’t want any credit for prescience – I’m not one of those hedge fund managers who made fortunes this week by betting on Carillion’s shares collapsing. And I certainly take no pleasure in seeing people put out of work.
But my remarks here last Saturday about the culture of complacency and waste which leads the Government to hand its most lucrative contracts to unfeasibly large outsourcing companies were more timely than I imagined.
Carillion is, or was, the most corpulent of all the fat cats on the public sector’s tick list, and its liquidation demonstrates emphatically that the... read more

 
20 January 2018 in Yorkshire & Humber, Views: 42
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