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So, fully fkd then.
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Pay peanuts, get monkey's..
I don't know why the MOD do not take on the Civilian approach, have several local contractors who do the work at airfields as required, with an office on base to oversee it, that way you can control costs as they compete for the work and ensure it is being done. From what I see, this lot were simply a middleman in a lot of the tasks, and having not paid your contractors, they are on a hiding to nothing. |
Whoever manged to sweet talk successive Govts into the idea of "Pension Fund Holidays" must have got a vastbonus
All we need is to insist pension plans are ring fenced and fully funded BEFORE any dividends or management bonuses |
Originally Posted by unmanned_droid
(Post 10014038)
What percentage of your council tax is dedicated to employee pensions?
Come the revolution...... |
but people in the public sector don't get the same wages in most cases
they don't work so hard either and the job satisfaction isn't there IMHO |
Carillion Amey in trouble?
Anyone on here business minded enough to know if the DIO main contractor Carillion Amey is protected from the parent company troubles or not?
Given the state of DIO infra across the board, I wouldn’t be surprised to see it all go wrong as there can’t be much profit in running estate for them these days. If so, I’d be surprised to find another contractor willing to pick up the pieces from that given the austerity world we find the MOD in now. Or, would the fact that they’ve got such key contracts (and not just for UK MOD but schools, prisons etc) mean they’ll be bailed out by UK PLC like happened for the banks? Interesting times ahead... |
If Carillion go, CarillionAmey go.
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Regardless of the short term chaos [and, from what I read, the support for bases, stations, Messes and MQs is not far short of chaotic anyway] they MUST NOT be bailed out.
We've been here before with the financial crisis. They must if necessary go to the wall, it's called Capitalism and, like it or not, that is the system we have. |
Originally Posted by langleybaston
(Post 10018802)
Regardless of the short term chaos [and, from what I read, the support for bases, stations, Messes and MQs is not far short of chaotic anyway] they MUST NOT be bailed out.
We've been here before with the financial crisis. They must if necessary go to the wall, it's called Capitalism and, like it or not, that is the system we have. I agree with you about the company and it's liquidation, but will the people on the stations at least in the short term be brought into the MoD workforce as there are not enough in the armed forces to fill the gaps. |
CarillionAmey (Housing Prime) Limited is a distinct legal entitiy (Company No. 5428762) from - and operates almost entirely independently from - Carillion (Company No. 3782379). So it looks like current service delivery will continue unchanged. Which is a bit of a shame.
Military Establishments | CarillionAmey |
Originally Posted by Al R
(Post 10018826)
CarillionAmey (Housing Prime) Limited is a distinct legal entitiy (Company No. 5428762) from - and operates almost entirely independently from - Carillion (Company No. 3782379). So it looks like current service delivery will continue unchanged. Which is a bit of a shame.
Military Establishments | CarillionAmey |
Looks like it.
http://company.carillionamey.co.uk/company-news/12-january-2018-update-from-carillionamey/ |
Unless the whole thing collapses, pensions not paid, jobs not completed and people on the scrap heap, then there will be no justice.
Anyone coming along to pick up what the MOD need done will now ask a small fortune, or even a large fortune, as the MOD is standing, back to the wall, in a bad spot. Why would anyone run a business properly, if all you need to do is take all the money and then ask for a bailout? All the PFI schemes should be void if the company has to go under, but were the Government lawyers smart enough for that? |
The whole theory of "taking risk off the Treasury balance sheet" must be getting close and critical examination just at the moment.
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Originally Posted by ICM
(Post 10018942)
The whole theory of "taking risk off the Treasury balance sheet" must be getting close and critical examination just at the moment.
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Originally Posted by ShyTorque
(Post 10014241)
I hate to think. But it annoys me very much that whilst I am forced by law to pay to increase the pensions of others, in line with inflation, my own pension does not increase at all. Especially when the husband of my wife's friend boasts of going to the Mercedes factory as a guest to see his new expensive saloon come off the production line - his retirement present to himself, a council accountant who was able to take early retirement. His wife has also retired early. Meanwhile, I'm informed that myself and my wife have to work an extra year and six years respectively to help pay for it. Judging by the recent performance of my pension fund it looks like I'll be keeping my little hatchback, already almost twenty years old, when I retire in a few years.
Come the revolution...... **** happens, its how you dodge it that matters. |
Originally Posted by air pig
(Post 10018814)
I agree with you about the company and it's liquidation, but will the people on the stations at least in the short term be brought into the MoD workforce as there are not enough in the armed forces to fill the gaps.
That said, part of me thinks there will be a u-turn. The political left will no doubt seize on job losses, pensions implications and impacts on infrastructure and already struggling services. The government isn’t in such a strong position either in Parliament or amongst the electorate it can be seen to be antagonising core voters when the bankers were bailed out. I know the bank bailout was under Broon’s watch, but they’ll use a lack of compassion for ordinary folk as a stick. I don’t think this is quite over just yet. |
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...the waiting for a replacement light bulb just got longer.
Shadow business sec Rebecca Long-Bailey says PFIs don’t work. No ****. ...meanwhile Middle East Peace Envoy Bliar continues to toddle off into the sun whilst stirring up a Brexit Coup. G |
More on this
Construction group Carillion gone into compulsory liquidation and expects PricewaterhouseCoopers to be appointed as special managers, to act on behalf of the Official Receiver. Carillion said it had talks with its key financial and other stakeholders, including the Government, at the weekend regarding options to reduce debt and strengthen the group's balance sheet. Carillion also asked those stakeholders for limited short term financial support, to enable it to continue to trade while longer term engagement continued. But it said that despite considerable efforts, those discussions had not been successful, and the board had concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect. It said an application was made to the High Court for a compulsory liquidation of Carillion before opening of business today and an order has been granted to appoint the Official Receiver as the liquidator of Carillion. The group said it anticipated that the Official Receiver would make an application to the High Court for PricewaterhouseCoopers LLP to be appointed as special managers, to act on behalf of the Official Receiver. Chairman Philip Green said: 'This is a very sad day for Carillion, for our colleagues, suppliers and customers that we have been proud to serve over many years. 'Over recent months huge efforts have been made to restructure Carillion to deliver its sustainable future and the Board is very grateful for the huge efforts made by Keith Cochrane, our executive team and many others who have worked tirelessly over this period. '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. 'We understand that HM Government will be providing the necessary funding required by the Official Receiver to maintain the public services carried on by Carillion staff, subcontractors and suppliers.' |
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