It’s hard to overstate the importance of a company called Carillion to the British government and the British economy. Well, it collapsed today. Like its cannibalised name, Carillion is a corporation made up of the caracasses of other corporations. It was stitched together in 1999 to take advantage of the then-Labour government’s crush on the private sector. Carillion was hived off as a “service” arm from a much older construction company called Tarmac, created in 1903. This is how it describes itself on its website. “Carillion is a leading integrated support services business. We employ around 43,000 people and operate in […]
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