Outsourcing mess

**administrator** · 13 January 2018, 21:50

With them having some very big PS contracts like HS2 I don't see how the Gov won't be able to something to prop them up. Would be good to see them take a good chunk of this work back in house. Or stop HS2 completely.

**vetran** · 13 January 2018, 22:17

Originally posted by administrator View Post

With them having some very big PS contracts like HS2 I don't see how the Gov won't be able to something to prop them up. Would be good to see them take a good chunk of this work back in house. Or stop HS2 completely.

go on, chain yourself up in a railway station!

https://www.theguardian.com/uk-news/...s2-work-euston

**administrator** · 13 January 2018, 22:20

Originally posted by vetran View Post

go on, chain yourself up in a railway station!

https://www.theguardian.com/uk-news/...s2-work-euston

That was me my son. May God forgive your filthy existence.

**vetran** · 14 January 2018, 12:02

Originally posted by administrator View Post

That was me my son. May God forgive your filthy existence.

don't get your Scapular in a twist!

**tazdevil** · 14 January 2018, 14:30

For once I agree with the Vince of Cable and would say no to any bailout of Carillion. Simply bring the projects back in house and re-tender. Scrap HS2 and the new Heathrow runway and put the money into a Maglev train running down the centre of the M1 and M62 motorways and a new hub airport in the Thames estuary, as proposed by Boris

**fullyautomatix** · 15 January 2018, 08:24

And....they are gone!!

2 £ billion contracts awarded since the first profit warning and yet collapsed like a pack of cards.

Any CUK members affected?

**MarillionFan** · 15 January 2018, 09:13

Originally posted by fullyautomatix View Post

I bet a lot of fat cats made their short term money in all this mess. Win contracts by bidding the lowest and pocket the sales commission.

Carillion share price: Behind the scenes of the construction giant's annus horribilis | City A.M.

I lost a few grand on that one hoping it would bounce. Bailed before it went bankrupt, but no bounce :-(

**woohoo** · 15 January 2018, 09:29

Originally posted by MarillionFan View Post

I lost a few grand on that one hoping it would bounce. Bailed before it went bankrupt, but no bounce :-(

I heard they dished out divs as late as July!

**Hobosapien** · 15 January 2018, 09:30

I did have to check that the chairman wasn't that Philip Green of BHS notoriety.

Outsourcing mess