ITV's Robert Peston is quoted as saying:
Carillion’s collapse is the definitive end of Tory and New Labour governments 25-year love affair with private provision of public services.
I also read from the BBC:
A Commons committee has announced it will hold an inquiry into government outsourcing following the demise of Carillion.
Bernard Jenkin, chair of the Public Administration and Constitutional Affairs Committee, said it would look at the "lessons to be learned from the collapse".
It will also look at wider issues in Whitehall around public procurement, IT and the relationship with non-public sector bodies.
Perhaps this will include the absurdity of MFTS?