Published On: Tue, Feb 6th, 2018

Carillion: Jobs safeguarded as hundreds more go in latest round of redundancies

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Hundreds more workers have lost their jobs in the wake of construction giant Carillion’s collapse last month.

A further 452 people have been made redundant, adding to 377 already announced and taking the total so far past 800.

Carillion fell into liquidation in January with debts of £1.3bn and an estimated pension deficit of up to £2.6bn.

A number of public figures demanded answers in the days following, including Liverpool Metro Mayor Steve Rotheram.

At the time of the collapse, the firm was engaged in various public sector contracts – among them, aspects of the HS2 rail project – and employed around 19,500 people in the UK.

The official receiver (OR) handling the liquidation confirmed that the latest redundancies include roles connected with private and public sector contracts along with back-office functions.

Aside from the job losses, the OR also said 100 jobs were now safeguarded, adding to the 919 already saved.

Former executives at the firm will be grilled by MPs on two parliamentary select committees this week, where they are likely to face accusations that Carillion attempted to get out of its pensions obligations while shelling out out tens of millions to shareholders and bosses.

Government support for the companies working for Carillion on private sector deals was due to end within two days of the collapse, but over the weekend it was announced that contractors affected can now apply for a share of a £100m Government-backed loans support package.