Government admits plans in place for Carillion collapse

Preparations have been made for failure of UK’s second largest construction firm as crunch talks with creditors continue The government has made contingency plans for the collapse of Carillion, the UK’s second largest construction company and a key provider of public services.The troubled contractor – which has 20,000 UK staff and is an important supplier to the government, including a contract for work on the HS2 rail link – held crunch talks with its creditors on Wednes