Tag: contract

• Carillion, the government and when someone else’s problem becomes yours

  

  The situation with Carillion seems to support the old adage: “If you owe the bank £100, it’s your problem, if you own the bank £10m it’s the bank’s problem.” In this case, last week’s theoretical, but realistic prospect of the melt-down of Carillion looked like the banks, bondholders and shareholders would have a problem, but…

  tontokowalski2017

  January 15, 2018

  crisis, government

  administration, bank, bonds, bust, carillion, communications, contract, crisis, defence, disaster, ERM, government, insolvency, JV, MoD, pension, public relations, risk, risk management, sausage, shareholder, shares, UK, UK government