Banks promise to support Carillion subcontractors and suppliers

18 January 2018 - Builders go into administration - admin - No Comments

January 18, 2018
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Representatives for HSBC,Barclays, Lloyds, Santander, RBS, Shawbrook and Aldermore met with MPs on Wednesday to discuss Carillion’s demise and how they can help contractors. Business Secretary Greg Clark commented saying: “It is essential that small businesses exposed to the Carillion insolvency are given the support they need by their lenders.” UK Finance issued at statement which […]

Carillion’s workers thrown to wolves

17 January 2018 - Builders go into administration - admin - No Comments

January 17, 2018
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The GMB union estimates at least 8,473 Carillion construction staffs wages will be stoped today unless their jobs are rescued by other firms. David Lidington, Cabinet Office Minister has confirmed the Government would continue to pay Carillion’s 11,000 staff in the UK who work in public services jobs, such as NHS cleaners and school catering workers but thousands […]

Employee died following a fall through a skylight

16 January 2018 - Accidents in constuction, Construction accidents, Construction deaths - admin - No Comments

January 16, 2018

A company has been fined after an employee died following a fall through a skylight. Leicester Crown Court heard how the deceased was working with another employee on the roof, re-siting a heater and new chimney flue, when the incident occurred. He suffered severe injuries and died from these injuries approximately 6 months later. An […]

Carillion owes suppliers and subcontractors £2bn

16 January 2018 - Construction administrations, Construction collapse - admin - No Comments

January 16, 2018
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The supply chain linked Carillion and subcontractors are owed around £2bn by Carillion this figure in the firm’s last accounts statements for “trade and other payables” shows the kind of debts owed. Many subcontractors will be pleased to hear that Project Bank Accounts are used to protect monies on most public jobs. The use of PBAs […]

Carillion staff and suppliers told to carry on

15 January 2018 - Builders go into administration - admin - No Comments

January 15, 2018
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The receivers in charge of Carillion have been told to carry on as normal, PwC special mangers who are the official receivers have set up an official website which is here https://www.pwc.co.uk/carillion to deal with all of the supply chain including contractors, agency workers, employees, agents and subcontractors to carry on working. The following statement comes form the website […]

Carillion liquidated by its creditors

15 January 2018 - Builders go into administration - admin - No Comments

January 15, 2018
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The banks have finally called time on Carillion after profit warnings throughout last year the ailing construction giant as now been put into liquidation and many contractors, companies and others in the supply chain face losing payments. Liverpool and Birmingham hospitals who are NHS clients at two major hospital project already running over a year late […]

Worker fatally crushed between digger and dumper

11 January 2018 - Accidents in constuction, Construction deaths - admin - No Comments

January 11, 2018
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A civil engineering company has been sentenced for safety breaches after father of three Darren Richardson suffered fatal crush injuries. Sheffield Crown Court heard in December 2014 RMB Contractors Ltd were working on laying a new concrete slab at Ballast Phoenix Ltd, Claywheels Lane, Sheffield. During ground preparation an old cable duct had to be […]

JCB sees bullish results

5 January 2018 - Plant - admin - 2 Comments

January 5, 2018
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  JCB shop floor employees have returned to work to a New Year pay rise of 3.9% and order books at their strongest in the company’s history. The 2018 increase, which is linked to November 2017’s Retail Price Index (RPI), is part of a three year wage deal and took effect from January 1st. It […]

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