Carillion appeals to banks as administration looms

Directors of Carillion were making a final rescue appeal to its lending banks on Sunday night after the Government refused to rescue the ailing construction group, taking it to the brink of collapse.Sky News has learnt that the company's board was meeting ahead of a last-gasp plea for financial support‎ from its syndicate of lenders, without which its collapse will be confirmed within hours.Carillion's banks were holding talks about the possibility of a rescue on Sunday night.