Carillion: Insolvency

(asked on 24th January 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect on subcontractors in the construction industry of the liquidation of Carillion; and whether he plans to set up a taskforce to support those companies.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 29th January 2018

The nature of Carillion’s business was to sub-contract significant proportions of its work and a significant number of those sub-contractors have sub-contracted further elements. The complexity of the contracting structure is such that it is not possible for Government at this stage in the liquidation process to have a complete picture of subcontractors affected. The Official Receiver is continuing to work through Carillion’s systems to identify all contracts.

We have established a Taskforce to support businesses affected by the Carillion. The taskforce includes representatives from leading business bodies, the construction sector, unions, banks and government to advise how to mitigate impacts on the supply chain and employees. My rt. hon. Friend the Secretary of State and I have held three meetings with them so far and we have already made good progress in exchange of information and collaborations and to identify key actions that need to be taken.

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