Crisis talks over future of company that employs hundreds in Sheffield

Crisis talks over future of company that employs hundreds in Sheffield
 

Crisis talks are being held this weekend over the future of a troubled engineering company which employs hundreds of people in Sheffield. Reports suggest Carillion is in financial crisis with debts of £1.5 billion including a pension shortfall of £587 million.
The company, which has offices in Sheffield and Leeds, is trying to reach an agreement with creditors and it is understood talks with high-ranking Government officials from the justice, transport and business departments are taking place this morning in a meeting chaired by the Cabinet Office.
The firm is a key Government contractor... read more

 
14 January 2018 in Yorkshire & Humber, Views: 27
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