Home | BUILDING BRITAIN | More than 8,500 jobs saved following collapse of Carillion
More than 8,500 jobs saved following collapse of Carillion
More than 8,500 jobs saved following collapse of Carillion

More than 8,500 jobs saved following collapse of Carillion

More than 8,500 jobs have been saved after the collapse of Carillion, the Official Receiver has confirmed.

It comes as the Insolvency Service that is working with the fallen construction and infrastructure services contractor and the government, announced the latest jobs saved following further discussions about ongoing contracts.

A further 305 employees will remain in their jobs after agreements were made with new suppliers to take contracts from Carillion, which went into liquidation back in January with debts of up to £900 million.

These employees, the spokesperson for the Official Receiver said, “work on facilities management, defence and construction contracts.”

It means that 8,521 jobs have now been saved following the collapse of Carillion, which equates to approximately 46% of the company’s pre-liquidation workforce that have secured ongoing employment.

The Official Receiver said this number doesn’t include contracts where an intention to purchase has been entered, but not formally happened as of yet. This means there are further jobs set to be saved.

The number of jobs that have already been saved is in no small part to the commitment of the wider construction industry, which has seen the likes of Balfour Beatty, Amey and Kier commit to work that included Carillion in joint ventures, or in Amey’s case, has resulted in a company taking a contract that was previously one of Carillion’s.

The Official Receiver added: “Discussions with potential purchasers for Carillion’s remaining contracts are continuing.”

However, it has not all been good news, as it was revealed that further jobs have been lost as part of the contract discussions.

“Regrettably, we have been unable to find ongoing employment for a further 78 employees who will leave the business. Job Centre Plus’ Rapid Response Service will provide them with every support to find new work.”

It means there have been 1,536 redundancies as part of the liquidation. It is hoped the Official Receiver’s ongoing discussions will minimise this in the future.

Check Also

Northern respond to the Office of Rail and Road's Interim Inquiry report

Northern respond to the Office of Rail and Road’s Interim Inquiry report

Northern has reacted to the Office of Rail and Road (ORR) Interim Inquiry report by …