The domino effect of the Carillion collapse
Until the government takes action, building subcontractors will always be vulnerable to a big firm going under
The collapse of British construction services company Carillion continues to have far-reaching effects on the industry, but also on a broad range of other services it supplied, including building railways, army bases and hospitals, providing meals to school children, maintaining libraries and delivering broadband.
Carillion’s failure, while significant to the British economy, brings challenges to Ireland too. In June, Kildare-based Sammon Contracting Group also went into liquidation as a result of Carillion’s collapse, and plans...
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