Carillion: Urgent talks on construction firm’s future

The Way Forward For bothered engineering firm Carillion is being discussed at high-degree executive conferences this weekend, the BBC understands.

The firm is a key govt contractor for projects together with the HS2 high speed rail scheme, schools and prisons.

There are fears it is as regards to give way because it struggles with £1.5bn of debt and a pension shortfall of £587m.

On Friday, Carillion mentioned it remained in constructive communicate about short-time period financing.

Stories that collectors had became down a potential rescue plan despatched the firm’s shares down by using greater than 28% on Friday.

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