Correspondence Mar. 26 2024
Committee: Business and Trade Committee (Department: Department for Business, Energy and Industrial Strategy)Found: The investigations that followed the collapse of Carillion in 2018 highlighted a broad range of issues
Mentions:
1: Lord Offord of Garvel (Con - Life peer) Various plans have been put forward: there was a plan for insurance, but that did not work because of the Carillion - Speech Link
Correspondence Apr. 16 2024
Committee: Public Administration and Constitutional Affairs CommitteeFound: procurements designed to produce a more flexible and resilient model (to miti gate the impact of a Carillion
Asked by: Lord Aberdare (Crossbench - Excepted Hereditary)
Question to the Department for Business and Trade:
To ask His Majesty's Government when they expect the final accounts for Carillion plc to be published by the Official Receiver following its liquidation in 2018.
Answered by Earl of Minto - Minister of State (Ministry of Defence)
The Official Receiver has issued three reports to the creditors of the Carillion group liquidations. The final receipts and payments account for Carillion plc is expected to be issued on completion of the liquidation work, which is ongoing at this time, and upon the Official Receiver applying to the Secretary of State for his release as liquidator.
Oral Evidence Mar. 26 2024
Committee: Business and Trade Committee (Department: Department for Business, Energy and Industrial Strategy)Found: It coincided with the collapse of Carillion, purely coincidentally.
Jul. 03 2023
Source Page: Former director of Carillion banned for 11 yearsFound: Former director of Carillion banned for 11 years
Mentions:
1: Lord Fox (LD - Life peer) can go back to 2018 and the Sandwell hospital project, which was managed and run by a company called Carillion - Speech Link
Written Evidence Dec. 13 2023
Inquiry: UK RegulatorsFound: Carillion, Aston Martin Lagonda, NMC Health, the banks which collapsed, Quindell, Patisserie Holdings
Asked by: Baroness Bennett of Manor Castle (Green Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government whether maintaining trust in audit remains a priority for them; and, following Carillion and Patisserie Valerie’s collapse, what assessment they have made of the extent to which reducing the risk of corporate failure is a national priority.
Answered by Earl of Minto - Minister of State (Ministry of Defence)
The Prime Minister set out his five priorities earlier this year. The Department's work to increase trust in the UK's audit, corporate reporting and corporate governance system contributes to the second priority, growing the British economy, in part by helping to manage risks that could lead to disorderly corporate failures.
Mentions:
1: Lord Sikka (Lab - Life peer) We know a company that used such imprudent policies: Carillion. - Speech Link