Carillion plc is a British multinational facilities management and construction services company headquartered in Wolverhampton in the United Kingdom. The company experienced financial difficulties in , and went into compulsory liquidation on , the most drastic procedure in UK insolvency law..A year old engineering company that was subcontracted by Carillion to work on a school near Liverpool is expected to become the first casualty in the collapsed contractor s supply chain. About staff at Vaughan Engineering s three offices in Edinburgh, Warrington and Newcastle are expected to .PricewaterhouseCoopers says it is impossible to estimate what its final costs will be given the complexity of the situation it is dealing with. Photograph Alamy. MPs have accused the accountancy firm tasked with salvaging money from Carillion on behalf of its creditors and pensioners of charging .Nils Pratley on finance The UK should get behind the EU s radical tax plan for tech firms. The proposed local revenue tax, intended to operate until an international solution can be agreed, deserves support. Published . Published The UK should get behind the EU s radical tax plan for tech firms .
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Here's how Carillion, the U.K.'s second largest construction giant, got into such dire straits..
Carillion was created in July , following a demerger from Tarmac, which had been founded in . Tarmac focused on its core heavy building materials business .
A carillon US k r l n or UK k r l j n French is a musical instrument that is typically housed in the bell tower belfry of a .
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