HS2 contractor Carillion in fresh profit warning amid debt concerns

Construction firm’s shares plunge as it says it is at risk of breaching financial covenants and will need to recapitalise The British building firm Carillion has issued its third profit warning of the year, saying it is at risk of breaching year-end financial covenants and will need to recapitalise.Shares in the group, which is working on the HS2 London to Birmingham rail line and the Battersea power station project, initially plunged 60% to 17p on Friday morning, but were later trading 30