What Damage Could Carillion's Crash To Do The Midlands?
January 17, 2018

What Damage Could Carillion's Crash To Do The Midlands?

Today's appointment of PwC as liquidators for Wolverhampton-based contractor Carillion is more than just an issue for the government who put so much faith in private sector partnerships with the firm.

The implications of the liquidation — and the likely outcomes — could also mean headaches across the Midlands property market.

These are the issues to watch.

1. Transport projects off the rails?

In July Carillion was one of 11 contractors awarded work on the £6.6B HS2 first phase London-Birmingham line. Carillion's share of the contract was estimated to be £450M as part of a consortium including Keir and French-based contractor Eiffage. The…

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