We must hope for real answers about Carillion. We don't usually get them

Underbidding for contracts to bring in cash - if that is what has happened - is a dangerous practice. We need to knowThe collapse of Carillion, the building and outsourcing company, throws up so many questions about the state of UK business and government services it is difficult to know where to begin.Lifting the lid on Carillion's strategic plans, it is clear that the company's board mistook tactical nous for strategy. Not that there was much common sense in taking a building company and morphing it into a conglomerate that tries to meld together the management of prisons, hospitals and schools as if they were all the same. Continue reading...