Carillion

A year on from Carillion’s demise, Construction News visits Birmingham to uncover how Argent raced around the clock to keep its Paradise Circus scheme on track.

Project: One Chamberlain Square Client: Hermes Real Estate Contract value (from January 2018): £35m Main contractor: Bam Piling subcontractor: Cementation Skanska Start date: February 2016 Completion date:…

One year on from the contractor’s collapse, Binyamin Ali explores what the industry and government can learn about what went wrong – and how to avoid a repeat in future

The liquidation of Britain’s second largest contractor 12 months ago signalled a tumultuous time for both the construction industry and the…

Next week marks Blue Monday, the name given to the third Monday in January which has come to be known as the ‘most depressing day of the year’.

The man who coined the phrase – for a travel firm’s advertising campaign in 2005 – apologised last year, saying he hadn’t intended it to…

A year on from Carillion’s collapse, many subcontractors still feel unable to speak out as having lost large sums of money owed to them. Construction News speaks with some of those affected to find out why

Michael (*not his real name) had to be careful who he told about losing almost a million…

Data from Dun & Bradstreet in November last year painted a clear picture of how susceptible construction firms have been to unexpected shocks over the last two years.

In Q1 of 2015, there were 428 insolvencies. This gradually fell to 306 by Q1 2016, before jumping up to 399 in Q2,…

This has been some year for the construction industry, but is hasn’t all been bad news.

Between the liquidations and administrations that have afflicted the likes of Carillion and Lagan Construction Group, the debts piles and capital constraints at Interserve and Kier, it can to easy to miss the good news…

The Lincoln Eastern Bypass has required a staggering £10m of archaeological works as well as overcome the liquidation of its main contractor.

Project: Lincoln Eastern Bypass Client: Lincolnshire County Council Project value:£120m Main contractor: Galliford Try Contract value:£72m Contract type: NEC Option C Start date: February 2018 Completion date:  Spring 2020…

This week marks 10 months since the collapse of Carillion.

In the intervening months we’ve had a major National Audit Office report into the contractor, a select committee tearing into its management, a multitude of frantic contract renegotiations, and numerous companies suffering from lost payments. Despite all of this, it can…

In 2015, outstanding loans to construction firms stood at just over £37bn. By August this year, they had fallen to £32.6bn. Why does lending appear to be in decline and where is this trend heading? Lucy Alderson investigates.

Since 2015, the value of bank loans on the books of industry firms has broadly…

It’s amazing to discover that we still haven’t reached the bottom of the Carillion incompetence barrel.

You’d think that after all the documents published by the select committee and documentaries raking over the contractor’s failings, that there wouldn’t be too much left. But it turns out there is, because today we…