UK fin min Hammond out on the wires 16 Jan
- urgently necessary to get UK govt debt levels down in order to cope with future shocks
Also out:
- govt dept for business says it has asked financial reporting council to investigate the preparation of Carillion's accounts
- investigation to extend to former directors
PM May's spokesman:
- there can not be any complacency over Carillion collapse
- must remain vigilant
Yesterday I reported here on the collapse of the UK's 2nd largest construction company and a major supplier of UK govt infrastructure projects
I know I'll be accused of bias by my detractors but none of this sad story should be of any surprise to UK watchers and none of it GBP positive.
