HS2 seeks guarantee on crisis-hit Carillion

HS2 seeks guarantee on crisis-hit Carillion

The government was forced to seek assurances from Carillion's partners on the HS2 project that they can step in to deliver on the work if necessary after the company warned on profits.
Carillion is part of a joint venture that has won a bid to design and build part of the £56bn high speed rail link.
But last week the firm sacked its chief executive and said its annual figures will fall short of expectations.
A spokesman for HS2 Ltd said it was "confident" in the joint venture.
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He said: "Obviously in the... read more

17 July 2017 in Business, Views: 47
Source: BBC

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