PPRuNe Forums - View Single Post - Defence support contractor Carillion fighting to stay afloat
Old 15th Jan 2018, 06:49
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Cows getting bigger
 
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'In recent days however we have been unable to secure the funding to support our business plan and it is therefore with the deepest regret that we have arrived at this decision.
Ever wondered why? Big businesses don't just go under overnight. This has been badly managed for years. Blaming Qatar for late payment doesn't cut the mustard either. If you take a big contract, you make sure you're covered if that contract goes wrong.

I suspect that, once the dust has settled, we will see that the finances have been handled in a similar manner to my teenage daughter's piggybank; lots in, even more out.
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