Negotiations to stave off collapse of firm which employs people hinge on creditors swapping debt for shares plus a state bailout..Government ministers, local councils and liquidators are scrambling to keep UK public services operating after Carillion collapsed this morning. Lidington also insists that the government has been watching Carillion closely since its first profit warning last July triggering some critical noises from the .Government ministers, local councils and liquidators are scrambling to keep UK public services operating after Carillion collapsed this morning. Labour s Stella Creasy says Carillion has made nearly bn profit on PFI contracts over the last four years. Will the government now bring in a windfall tax on .Carillion crisis UK government locked in last ditch rescue talks The GuardianRead the full article from Business Google News..
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