Back Business Tuesday, January 16, 2018
Search Sections 16 Jan
Close
Advertisement
Carillion: Support for small firms ends in 48 hours14m Carillion: Support for small firms ends in 48 hours
BBC
The construction giant spent £1bn a year with local suppliers, but many will now not be paid.
 Like Reply

Comments

No comments yet...
Currencies in GBP
EUR 0,90 +0,335%
USD 0,77 +0,784%
CHF 0,78 +0,385%
 FTSE LIVE: Greggs and JD Sports report 16m Updated FTSE LIVE: Greggs and JD Sports report
Daily Mail
Some well known high street names update their investors today in the form of baking chain Greggs and sportswear retailer JD Sports.
 Like Reply
Markets await UK inflation figures; Carillion collapse fallout – business live21m Updated Markets await UK inflation figures; Carillion collapse fallout – business live
The Guardian
All the day’s economic and financial news, including new cost of living figures and the latest fallout from Carillion’s liquidation
 Like Reply
Iceland supermarket chain aims to be plastic free by 202345m Iceland supermarket chain aims to be plastic free by 2023
BBC
Supermarket chain Iceland says it will eliminate or drastically cut plastic packaging over five years.
 Like Reply
1h 1m Airbus boss condemns Brexit and Trump as 'double whammy' threats to business
The Independent
Enders says UK exit from European Union is the bigger of the two 'threats'
 Like Reply
1h 37m ETFs look to profit from cannabis liberalisation in the US
Daily Mail
Are marijuana ETFs likely to lead to investment highs or are investors more likely to see their cash go up in smoke? We take a look at the key considerations.
 Like Reply
I transferred £10,000 into the wrong account – how can I get it back?2h I transferred £10,000 into the wrong account – how can I get it back?
The Guardian
Somehow I managed to type the wrong sort code when transferring my redundancy payment into a new savings account
 Like Reply
3h MPs demand action on electrical white goods safety
The Guardian
Government criticised over response to potential dangers of tumble dryers, fridge freezers and other products The government has been criticised by MPs for being slow to overhaul a “flawed and poorly resourced” safety regime for electrical white goods that has allowed 1m
 Like Reply
8h Carillion: Small firms count the cost of collapse
BBC
The construction giant spent £1bn a year with local suppliers, but many will now not be paid for work done.
 Like Reply
We should be concerned about the casualisation of full-time work | Greg Jericho9h We should be concerned about the casualisation of full-time work | Greg Jericho
The Guardian
More young people are being employed casually. If this continues long-term, society has a problem This year the ACTU aims to
 Like Reply
80% of all bitcoin that will ever exist have already entered circulation9h 80% of all bitcoin that will ever exist have already entered circulation
The Independent
The value of the cryptocurrency could shoot up even further as more and more coins are mined
 Like Reply
End of the A380 superjumbo? Airbus warns future of plane at risk9h End of the A380 superjumbo? Airbus warns future of plane at risk
The Guardian
Company says unless Emirates buys more of the jet then ‘there is no choice but to shut down the programme’ Airbus said on Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.
 Like Reply
10h Fire services ready to deliver school meals after Carillion collapse
The Guardian
Along with providing key services to NHS, the construction giant is also relied upon by councils for caretaking, cleaning and maintenance at schools Firefighters are on standby to deliver school meals to children in at least one area of the country as local councils and other public bodies scramble to deal with the collapse of the outsourcing firm, Carillion. The company provided a host of services to the NHS, as well as schools and other organisations across the country that will need to be covered.
 Like Reply
Why the A380 never really took off10h Why the A380 never really took off
BBC
Airbus has said it will stop making its superjumbo if it does not get any more orders.
 Like Reply
 ALEX BRUMMER: Auditor KPMG under the cosh yet again 11h ALEX BRUMMER: Auditor KPMG under the cosh yet again
Daily Mail
KPMG is becoming the firm of auditors with nine lives. It escaped virtually unscathed from its audit of HBOS and was given a mere whack across the wrists for its audit of the Co-op Bank.
 Like Reply
Carillion collapse: Ministers hold emergency meeting12h Updated Carillion collapse: Ministers hold emergency meeting
BBC
Ministers discussed how to keep vital public services going after the major UK contractor fails.
 Like Reply
12h Carillion fallout deepens as workers face pay being stopped in 48 hours
The Guardian
Ministers scramble to contain damage with up to 30,000 firms owed money and thousands of workers facing lay-offs Thousands of staff who worked for the collapsed construction firm
 Like Reply
Carillion bosses face inquiry after protecting 'exorbitant' £4m bonuses ahead of collapse14h Carillion bosses face inquiry after protecting 'exorbitant' £4m bonuses ahead of collapse
The Independent
Inquiries launched as firm goes bust risking 20,000 jobs and an array of public services
 Like Reply
14h Jeremy Corbyn attacks Conservatives' 'rip-off privatisation policies' after Carillion collapse
The Independent
'Our public services – health, rail, prisons, even our Armed Forces' housing – are struggling after years of austerity'
 Like Reply
Cammell Laird shipyard: Two 24-hour strikes announced by GMB members15h Updated Cammell Laird shipyard: Two 24-hour strikes announced by GMB members
BBC
Up to 500 shipbuilding staff could walk out in the pay and conditions dispute at the Birkenhead yard.
 Like Reply
15h Coca-Cola blames sugar tax as it cuts coke bottle size and puts prices up
The Independent
A 1.75l bottle of Coke will shrink to 1.5l as price goes up 20p
 Like Reply
Bitcoin price - live updates: Cryptocurrency value remains steady after recent slump15h Bitcoin price - live updates: Cryptocurrency value remains steady after recent slump
The Independent
The value of the digital currency has shifted wildly over recent weeks. This article is being regularly updated with the latest changes
 Like Reply
Virgin Media under fire for £240 bills to end contracts in areas where company can't provide internet16h Virgin Media under fire for £240 bills to end contracts in areas where company can't provide internet
The Independent
'We urge all of our customers to consider the length of contracts before entering into them,' a spokesperson for the company said
 Like Reply
Premier Foods plays down reports it is selling its Batchelors' brand to Japan's Nissin16h Premier Foods plays down reports it is selling its Batchelors' brand to Japan's Nissin
The Independent
'There is no current situation where discussions have gone beyond an exploratory stage,' the firm said
 Like Reply
William Hill shows better form but faces heavier going in future races 16h William Hill shows better form but faces heavier going in future races
The Independent
The shares have represented a cracking bet since the end of October, but investors might be wise to take a breather
 Like Reply
17h Brexit: Ireland says it can be a new base for worried UK businesses
The Independent
Irish minister says the country can offer solutions to UK businesses fearing the loss of EU passporting rights
 Like Reply
Spain to replace US as second most popular tourism spot18h Spain to replace US as second most popular tourism spot
BBC
The UN says Spain is set to replace the US as the world's second most popular tourism destination.
 Like Reply
Carillion collapse raises job fears18h Updated Carillion collapse raises job fears
BBC
The government will take on public services after the UK's second biggest construction firm fails.
 Like Reply
18h Coca-Cola to cut bottle size but increase price in face of sugar tax
BBC
Bottles of the famous fizzy drink will be smaller and more expensive from March onwards.
 Like Reply
18h Nationwide delays Open Banking launch
BBC
Six out of nine of the UK's largest current account providers missed Saturday's deadline.
 Like Reply
Ford to boost investment in electric cars by 202218h Updated Ford to boost investment in electric cars by 2022
BBC
The firm says it will have 40 hybrid and fully electric vehicles in its range within five years.
 Like Reply
19h Carillion collapse latest: Construction giant won £1.3bn of contracts after profit warning that kick-started demise
The Independent
Days after its first profit warning Carillion was awarded a major contract to design and build a 50-mile section of the HS2 railway
 Like Reply
Jakarta stock exchange walkway collapses19h Updated Jakarta stock exchange walkway collapses
BBC
Dozens are hurt when a mezzanine floor where a student group has gathered collapses into the lobby.
 Like Reply
19h Carillion liquidation: IoD blasts board bonuses as staff urged to keep working - live updates
The Guardian
Government ministers, local councils and liquidators are scrambling to keep UK public services operating after Carillion collapsed this morning
 Like Reply
20h Carillion's collapse threatens HS2 and other major transport infrastructure projects across the UK
The Independent
Company is one of around six main contractors for Network Rail, which owns and operates Britain's railway infrastructure
 Like Reply
20h Updated Airbus says A380 superjumbo production could end
BBC
The European planemaker says it will stop making its giant A380 jet if it does not get any more orders.
 Like Reply
GKN lobbies shareholders as £7bn Melrose battle heats up20h GKN lobbies shareholders as £7bn Melrose battle heats up
The Guardian
Engineer aims to persuade investors to reject takeover offer as Melrose says rival lacks focus GKN and its potential buyer Melrose have both begun lobbying the engineering firm’s shareholders as the battle for control hots up. The news has helped push GKN shares up 3.5% to 435p, compared with the current value of the Melrose offer of 422p a share, or more than £7bn.
 Like Reply
21h British supermarket chickens show record levels of antibiotic-resistant superbugs
The Guardian
Food Standards Agency reports ‘significant increase’ of harmful pathogen campylobacter in British-farmed chickens Chickens for sale in Britain’s supermarkets are showing record levels of
 Like Reply
Auto changes21h Auto changes
BBC
The North American International Auto Show is traditionally a major industry event. But advances in self-driving cars, electric vehicles, and ride-sharing are shaking up the traditional order.
 Like Reply
Carillion collapse: Will bosses, auditors pay a meaningful price for what has happened?21h Carillion collapse: Will bosses, auditors pay a meaningful price for what has happened?
The Independent
The company painted a rosy picture of its future in its annual report, and subsequent statements, before July's profit warning, and paid its bosses handsomely
 Like Reply
Carillion collapse: How can one of the Government's biggest contractors go bust?22h Carillion collapse: How can one of the Government's biggest contractors go bust?
The Independent
What does Carillion actually do? How much state money has it been receiving? How did it come to this? And what will happen next?
 Like Reply
22h What went wrong with Carillion and where does it go from here?
The Guardian
Key questions answered on the liquidation of the construction firm and its implications for staff The construction firm Carillion, which is involved in a host of major government projects including HS2,
 Like Reply
22h Updated Thousands of jobs at risk as Carillion goes into liquidation
The Guardian
Construction company involved in government projects including HS2 collapses as last-ditch talks with lenders fail The construction firm Carillion, which is involved in a host of major government projects such as HS2 as well as vital public services including schools, hospitals, prisons and the army,
 Like Reply
Virgin Trains to resume Daily Mail sales22h Updated Virgin Trains to resume Daily Mail sales
BBC
Company boss Richard Branson says he was unaware of the decision to stop stocking the newspaper.
 Like Reply
Euro hits three-year high as optimism grows across Europe22h Euro hits three-year high as optimism grows across Europe
The Independent
The chance of a pro-European coalition in Germany has boosted confidence in the continent
 Like Reply
23h Google invests in UK company developing first ever universal flu vaccine
The Independent
Vaccitech, founded by scientists at Oxford University, is also running clinical studies on the prevention of MERS and a therapeutic prostate cancer vaccine
 Like Reply
Carillion liquidation: Government promises to pay staff to keep services running - live updates23h Carillion liquidation: Government promises to pay staff to keep services running - live updates
The Guardian
Government’s ‘first priority’ is to keep public services operating, after Carillion collapsed this morning
 Like Reply
Ryanair bag policy: First day of passengers required to pay for guaranteed carry-on luggage23h Ryanair bag policy: First day of passengers required to pay for guaranteed carry-on luggage
The Independent
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 15.0px; font: 14.0px Arial; color: #212121; -webkit-text-stroke: #212121; background-color: #ffffff} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 15.0px; font: 14.0px Arial; color: #212121; -webkit-text-stroke: #212121; background-color: #ffffff; min-height: 16.0px} span.s1 {font-kerning: none} Some passengers feel 'miffed' for paying £5 to ensure their bag travels in the cabin, others are glad 'bin wars' are over
 Like Reply
23h Black is the new black for British car buyers
The Guardian
Red cars slip out of top five as black overtakes white as most popular colour for new cars for first time since 2012 Britain’s cars have returned to the dark side, with black now the most popular colour for buyers of new vehicles. More than half a million black cars were registered in 2017, overtaking white as the colour of choice for the first time since 2012.
 Like Reply
Why most people have a much more balanced view of immigration than you might think23h Why most people have a much more balanced view of immigration than you might think
The Independent
The constructive and evidence-based tone of the Home Affairs Committee report is in sharp contrast with the complete policy paralysis within government
 Like Reply
Sir Richard Branson tells Virgin Trains to lift ban on Daily Mail23h Sir Richard Branson tells Virgin Trains to lift ban on Daily Mail
The Guardian
Branson says decision was taken without his knowledge and company should not be seen to be ‘censoring’ or ‘moralising’ Sir Richard Branson has ordered Virgin Trains to restock the Daily Mail, saying the rail company’s sales ban amounted to censorship. Branson said the decision by Virgin Trains, which stopped selling the Daily Mail in November after deciding it was “not compatible” with its brand or beliefs, had been taken without his knowledge.
 Like Reply
24h One of biggest diamonds in history 'the size of two golf balls' found in Lesotho mine
The Independent
The 910-carat stone, about the size of two golf balls is the fifth biggest ever mined and expected to sell for $40m
 Like Reply
Carillion liquidation: Government promises to pay staff to keep services running - live updates24h Carillion liquidation: Government promises to pay staff to keep services running - live updates
The Guardian
Government’s ‘first priority’ is to keep public services operating, after Carillion collapsed this morning
 Like Reply
24h Jakarta stock exchange ceiling collapses
BBC
The cause of the collapse is unclear but there are reports that dozens of people have been injured.
 Like Reply
24h Carillion goes into liquidation after last-ditch talks fail - live updates
The Guardian
Tens of thousands of jobs at risk after Carillion fails to secure funding to keep operating
 Like Reply
Carillion liquidation - live updates: Government and unions react as major NHS contractor goes bust25h Carillion liquidation - live updates: Government and unions react as major NHS contractor goes bust
The Independent
Company employs some 20,000 people in the UK and holds contracts for HS2, prisons, the NHS and the armed forces
 Like Reply
Carillion goes into liquidation after last-ditch talks fail - live updates25h Carillion goes into liquidation after last-ditch talks fail - live updates
The Guardian
Tens of thousands of jobs at risk after Carillion fails to secure funding to keep operating
 Like Reply
Carillion to go into liquidation25h Carillion to go into liquidation
BBC
Construction giant Carillion is to go into liquidation, threatening thousands of jobs.
 Like Reply
Carillion to go into liquidation25h Carillion to go into liquidation
BBC
Construction giant Carillion is to go into liquidation, threatening thousands of jobs.
 Like Reply
Jakarta stock exchange ceiling collapses26h Jakarta stock exchange ceiling collapses
BBC
The cause of the collapse remains unclear but there are reports of casualties.
 Like Reply
26h Virgin Media users who move to no-service areas hit with exit fees
The Guardian
The broadband service is only available to 50% of the country – yet there’s a penalty of up to £240 to end a contract earlyWhen Rick Llewellyn moved house, he duly notified his cable and broadband provider Virgin Media of his new address. To his astonishment, he was told that Virgin could not supply his new area and that he would therefore have to pay £150.83 to terminate his contract early. He was also required to return his Virgin equipment at his own expense, or face a further fee of £160. “We have been with Virgin Media and its predecessor, NTL, for 20 years and wanted to continue receiving broadband and cable service from them, and to keep our Virgin email address,” he says.
 Like Reply
Average UK property asking price up £2,000, says Rightmove27h Average UK property asking price up £2,000, says Rightmove
The Guardian
Property website warns buyers not to be too optimistic, with sales down 5.5% and average time taken to sell homes lengthening significantly The average
 Like Reply
Surge pricing: How it works and how to avoid it 14 Jan 11:04pm Surge pricing: How it works and how to avoid it
BBC
Ride-hailing apps like Uber and Grab price journeys higher when demand spikes. But can you get around it?
 Like Reply
14 Jan 8:28pm Chile complains of World Bank unfair treatment
BBC
The World Bank has ordered an enquiry into the ranking it gave Chile for competitiveness.
 Like Reply
Softbank plans $18bn share sale of its mobile business 14 Jan 8:05pm Softbank plans $18bn share sale of its mobile business
BBC
The share sale could include listings in Tokyo and London but Softbank says no decision has been taken.
 Like Reply
Government faces questions over Carillion contracts as crisis talks go down to the wire 14 Jan 7:11pm Government faces questions over Carillion contracts as crisis talks go down to the wire
The Independent
It is feared that the construction giant could fall into administration as early as today
 Like Reply
Male work patterns see big shift to part-time roles, study says 14 Jan 7:07pm Male work patterns see big shift to part-time roles, study says
BBC
A big rise in men working part time is coupled with a fall in the number of middle earners.
 Like Reply
Carillion crisis: Creditors due to hold Whitehall talks 14 Jan 7:05pm Carillion crisis: Creditors due to hold Whitehall talks
BBC
Carillion's creditors are due to meet government officials in a last ditch bid to prevent collapse.
 Like Reply
Carillion lenders consider appeal to save firm from collapse 14 Jan 7:01pm Updated Carillion lenders consider appeal to save firm from collapse
The Guardian
Despite late rescue bid, administrators prepare to take action, prompting fears for 43,000 jobs, major projects and crucial public services Construction firm
 Like Reply
On the top

Date settings

Today is Tuesday, January 16, 2018

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept