The british government is attentive to the group of BTP in difficulty Carillion


© Reuters. THE BRITISH GOVERNMENT IS ATTENTIVE TO THE GROUP OF BTP IN DIFFICULTY CARILLION

LONDON (Reuters) – The british government is closely monitoring the situation of the group of BTP, Carillion and hope that it will be able to find the capital necessary for its continued operation, said on Sunday the chairman of the conservative Party to power, and secretary of State without portfolio in the government of Theresa May.

This company, engaged in large contracts for public works in Great Britain and elsewhere, is about to file for bankruptcy, according to several media outlets.

Carillion, which is fighting for its survival because of reports of projects and difficulties in obtaining new contracts, said on Sunday to continue the discussions with its partners.

The construction group has announced a loss in the first half of more than a billion pounds (1.12 billion euros) and issued a warning on its annual results.

Brandon Lewis told the BBC that ministers “kept an eye very watchful on the group”, ensuring that a backup plan was in place.

The company continues its activity, he said. “With a little luck, they will be able to work with their partners to find the necessary capital to provide their important services.”

Brandon Lewis has refused to say whether the government was willing to rescue the group.

Sky News reported Saturday that it might file for bankruptcy this Monday, if London does not offer a rescue plan.

Carillion employs 43,000 people.

For his part, the deputy secretary general of the Trades Union Congress, Paul Nowak, has called on the government to intervene.

(Andy Bruce; Catherine Mallebay-Vacqueur for the French service)

Like this post? Please share to your friends:
Leave a Reply