Carillion collapse: two years on, 'government has learned nothing'

Lack of action on accounting rules to prevent corporate disaster is shocking, Unite says

The government has been accused of failing to learn any lessons from the collapse of the outsourcing giant Carillion two years ago, when more than 3,000 jobs were lost and 450 public sector projects including hospitals, schools and prisons were plunged into crisis.

The Unite union said it was shocking that the government was “proposing to do exactly nothing” to reform accounting rules to prevent a similar corporate disaster caused by “rampant bandit capitalism”.

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from The Guardian https://ift.tt/35UX9yr