Could not subscribe, try again later Invalid EmailTheresa May is believed to be resisting a taxpayer bailout for HS2 building giant Carillion – which faces collapse with the loss of 43,000 jobs. Unions want her to underwrite the crisis-hit firm’s £1billion debts to avoid a “house of cards” fiasco which could hit firms contracted to Carillon, risking thousands more jobs. The government contractor also manages 50,000 homes for the Ministry of Defence, provides school and hospital meals, cleans prisons and runs Department of Transport and Network Rail road and rail contracts. Manuel Cortes of the TSSA rail union said: “Our nation’s vital infrastructure projects cannot be allowed to collapse with Carillion. Ministers have faced criticism that Carillion has continued to win government contracts despite its woes.
Source: Daily Mirror January 13, 2018 19:07 UTC