Author: Nathan Bissitt

Carillion’s failure has prompted the Government to warn that the Receiver and regulators have the powers to seek penalties against directors if misconduct is uncovered. But who were the firm’s main players? :: Richard Howson Mr Howson was chief executive

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There has not been governmental exposure to a private sector liquidation of this magnitude since the collapse of half the British banking system a decade ago. The numbers involved in Carillion will be smaller than the tens of billions required then, but the potential

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MPs have warned there could be up to one million defective tumble dryers that have been blamed for causing hundreds of fires in UK homes. A report by the Business Committee, which is looking to bolster fire safety standards for household electrical goods in the wake

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A British supermarket believes it will be the first retailer in the world to make its own-brand products plastic-free within five years. Iceland, the frozen food specialist, says it has worked with environmental charities and experts to develop paper and pulp

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The Government has held an emergency meeting over the collapse of construction firm Carillion as ministers battle to keep public services running. The COBRA committee, which responds to disasters and emergencies, met on Monday night after the crisis-stricken firm

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Carillion ultimately went under for the same reason every company goes under – it was overwhelmed by its debts and was unable to obtain further credit from its lenders. Behind that, though, is the story of a company that was consistently too optimistic about the

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Nearly 80 people have been injured after a ceiling inside the Jakarta stock exchange tower collapsed. CCTV footage showed a group of about 40 visiting students walking on the mezzanine floor before it suddenly crashed down. People can be seen falling into the lobby

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Lenders to Carillion, the construction giant which collapsed into liquidation on Monday, are facing losses of up to £2bn, making it one of the costliest corporate insolvencies for years. Sky News has learnt that a complex series of financing arrangements for

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The long-awaited test fire of what may be the world’s most powerful rocket – SpaceX’s Falcon Heavy – will take place on Tuesday. Elon Musk, the billionaire behind the private aerospace company, said he wants the rocket to take his own midnight

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