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07/08/2018

Remaining 278 Carillion Contracts Transferred - OR

Liquidators have secured agreements to transfer the last of 278 contracts provided by the Carillion group, seven months on from the industry giant's collapse.

A further 429 roles have also transferred over to new suppliers, taking the total number of roles safeguarded to 13,945.

However, a further nine staff have been made redundant, taking the total redundancies to 2,787. A further 1,272 employees left the business during the liquidation through finding new work, retirement or for other reasons.

Official Receiver, Dave Chapman, said: "Carillion is the largest ever trading liquidation in the UK. The continued uninterrupted delivery of essential public services since the company's collapse in January reflects the significant effort put in by its employees, supported by my team and those employed by the special managers.

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"During this period 83% of the original workforce have either transferred with the contracts or resigned with another job to go to. Staff have been very professional throughout the liquidation and I want to thank them for their support as we worked to find new suppliers.

"The focus of the liquidation will now shift to the provision of limited transitional services for some supplier and finalising Carillion's trading accounts to ensure that payment is made to suppliers who have provided goods and services to the various liquidations. Suppliers are asked to ensure they supply their final accounts as soon as possible.

"My investigation into the cause of the company's failure, including the conduct of its directors, is also underway."

(LM/MH)

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