grumpyf1

Carillion? Oh. Bugger... It’s shocking to hear that Carillion have gone into liquidation, and frightening to hear that their pension fund is in the red to the tune of nearly £600m. I really liked their 1985 hit “Kayleigh”. Perhaps they wouldn’t be in this situation if they hadn’t agreed to such large retirement payments for former lead singer Fish and... Marillion? Oh, right – I see what happened there. The band build monolithic brooding rock songs, and the construction giant has it’s fingers in a worryingly large number of pies, but forgot to keep an eye on the piggy bank. With 20,000 staff in the UK alone, and over twice that worldwide, their financial meltdown is a huge concern for their many employees. It’s a big worry for the rest of us too, as it looks like we’ll be “doing a banks” again, and bailing them out of the £1.5bn hole they’ve dug themselves into. As their portfolio includes contracts for services such as hospital and prison maintenance, and cleaning and dinn...