Hospitals delayed by Carillion collapse as costs blow out - NAO
17th Jan 2020 09:01
(Sharecast News) - The cost of building two new hospitals that are still uncompleted after the collapse of government contractor Carillion, the National Audit Office said on Friday
Read morePublic sector outsourcing rocket 53% in 2018 despite struggles
15th Jan 2019 09:54
(Sharecast News) - GMB union has launched the Go Public campaign to reduce the outsourcing of public services which has risen by 53% in 2018 despite the struggles of many operators in the market and the Carillon collapse last year.
Read moreTaxpayers set to pay £65m for Carillion redundancy payments
25th Sep 2018 15:12
(Sharecast News) - UK taxpayers will have to pay £65m to cover redundancy payments for former Carillion workers who were made redundant after the company's collapse in January.
Read moreUK receiver to investigate Carillion directors as final contracts transfer
7th Aug 2018 11:49
(Sharecast News) - The trading phase of liquidating failed government contractor Carillion has been completed and operations will now move to paying suppliers and investigating the conduct of the company's directors, the government Insolvency Service said.
Read moreCarillion JV extends Openreach framework agreement
2nd Feb 2017 08:28
(ShareCast News) - Carillion's 60:40 joint venture with telecoms group telent, Carillion telent, has signed a three-year extension to its framework agreement with BT's Openreach to provide a wide range of services. These include the maintenance, extension and repair of the telephone and data networ
Read moreCarillion joint venture wins £160m Dubai contract
4th Jan 2017 07:14
(ShareCast News) - Carillion announced on Wednesday that one of its joint ventures, Al Futtaim Carillion, had been awarded a £160m contract for phase 1A6 of the One Central development by the Dubai World Trade Centre. The FTSE 250 firm said the latest phase of the One Central development has a built
Read moreCarillion looking at increased profit as it wins new project
7th Dec 2016 07:10
(ShareCast News) - Carillion provided an update on trading in 2016 on Wednesday, ahead of announcing its preliminary results on 1 March. The FTSE 250 firm said performance met expectations, and it expected strong growth in total revenue and increased operating profit. It said performance continued
Read moreCarillion's JV wins £1.1bn MoD contract
1st Nov 2016 13:49
(ShareCast News) - Facilities manager Carillion's joint venture has won £1.1bn construction and support services contracts from the Ministry of Defence. The Aspire Defence Capital Works joint venture with KBR was awarded a construction and facilities management support services contract across the S
Read moreCarillion wins £350m Nationwide facilities management contract renewal
4th Oct 2016 07:08
(ShareCast News) - Outsourcing company Carillion won a seven-year contract extension from Nationwide Building Society worth around £350m to provide facility management services at its branches and offices. The contract, which started on 1 October, continues a nine-year partnership, and will provide
Read moreCarillion extends partnership with Centrica for £90m
5th Sep 2016 07:06
(ShareCast News) - Construction and maintenance company Carillion extended its partnership with utility firm Centrica for a further five years to deliver facilities management and project services, in a deal worth £90m. The service is to start in December and builds on the company's existing decade-
Read moreFTSE 250 movers: eOne too pricey for ITV, smaller banks a bargain says Merrill
25th Aug 2016 14:47
(ShareCast News) - The FTSE fell along with much of the market on Thursday, with Entertainment One and Just Eat leading the way lower. Entertainment One, known as eOne and distributor of the 'David Brent: Life on the Road' film currently in cinemas, was sent skidding as ITV swerved a potential takeo
Read moreJPMorgan downgrades Carillion after H1 results
25th Aug 2016 12:40
(ShareCast News) - JPMorgan Cazenove downgraded Carillion to 'underweight' from 'neutral' but lifted the price target to 250p from 225p following the group's first-half results. It said the results showed progress in the support services business with organic growth and margin expansion. However, th
Read moreCarillion reports jump in H1 profit, announces new FD appointment
24th Aug 2016 08:22
(ShareCast News) - Carillion reported a rise in first-half profit and revenue thanks to a strong performance from its support services business, as it announced the appointment of a new finance director. In the six months to the end of June, pre-tax profit was up 24% to £83.9m on revenue of £2.5bn,
Read moreCarillion joint ventures win Canadian and Irish contracts
26th Jul 2016 08:31
(ShareCast News) - Carillion celebrated two contract wins on Tuesday, with two of the FTSE 250 firm's joint ventures in Canada and Ireland being selected for major public projects. The first project in Canada involves EUS-Rokstad, a joint venture between Emera Utility Services and Rokstad Power, bei
Read moreHousing for service families poor, says MPs
13th Jul 2016 11:33
(ShareCast News) - The Ministry of Defence (MoD) and its housing contractor CarillionAmey are letting down service families by providing them with poor accommodation, MPs said in a Public Accounts Report on Wednesday. The report said service families were often left without basic facilities such as
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