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Carillion could enter administration on Monday unless UK backs rescue: Sky

Reuters  |  LONDON 

LONDON (Reuters) - British building and services company Carillion could enter administration on Monday unless Britain's government backs a rescue plan, Sky News reported on Saturday, citing sources.Carillion said on Friday it remained in "constructive discussions" with its creditors and suggestions that they had rejected its business plan were incorrect.A collapse of Carillion, which provides services to government departments including justice, health and education, and has built hospitals, roads and rail lines, would be felt across Britain and also in Canada and the Middle East where the ...

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First Published: Sat, January 13 2018. 18:49 IST
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