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Carillion was created in July 1999, following a demerger from Tarmac, which had been founded in 1903.Tarmac focused on its core heavy building materials business, while Carillion included the former Tarmac Construction contracting business and the Tarmac Professional Services group of businesses. [7]
After graduation, Adam became a chartered accountant (he is a fellow of the Institute of Chartered Accountants in England and Wales), and joined KPMG Audit in 1982, [2] later becoming finance director of International Family Entertainment UK (1993-1996) [3] then holding the same roles at Hodder Headline plc (1996-1999) [3] and Associated British Ports (1999-February 2007).
The collapse of Carillion exposed the risks of using private companies to cut the cost of delivering public services and its failure could be repeated if the government does not learn lessons ...
For some in the industry, ISG’s demise is reminiscent of the end of Carillion, another large contractor, which went bust six years ago, putting 3,000 people out of work and 450 public-sector ...
Former Carillion CEO Richard Howson, whose letters were published by the select committees on 12 July 2018, [22] contends that Carillion was a victim of its public sector clients and that "any analysis as to the causes of the failure of Carillion is not complete without looking at the way in which government and the wider public sector procured ...
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Howson worked at Balfour Beatty, Bovis, and Tarmac before becoming operations director for the Carillion Building business in 1999. In March 2004 he was promoted to national construction director on the Carillion Building senior management team, before becoming managing director of Carillion Rail in 2006, and then managing director of Carillion's Middle East and North African operations in ...
LONDON -- The FTSE 100 has started the week positively, gaining 26 points to close at 6,330 today. Utilities, consumer products, and other shares generally considered safe rose a little, but the ...