In the past few weeks since Carillion's collapse, it has come to light that it was far from surprising to the British Conservative Government. Theresa May's Government were warned of the possibility of the collapse. Potential investors, aka massive multinational banks, were told that Carillion was a lost cause. But Theresa May's government refused to intervene with a private company and failed to recover millions of pounds of tax payer money when they could. Because of blind, inhuman Ideology.
Mark Stallard explains.
-- Sources --
https://www.theguardian.com/business/2018/mar/04/carillion-lenders-secret-report-fti-consulting-aggressive-accounting
KPMG audited Carrillion in March 2017: http://www.independent.co.uk/voices/carillion-kpmg-auditors-audit-hbos-financial-crisis-self-regulation-deloitte-a8185356.html
https://www.theguardian.com/business/2018/mar/04/government-let-slip-chance-to-retrieve-364m-from-carillion
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