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The Latest Breaking News from Carillion

Former Carillion chief fined by FCA for role in misleading investors

Watchdog reduces Richard Howson’s fine to £237,700 after he withdraws challenge to punishment

The Guardian - UK

Former Carillion boss fined by watchdog over ‘reckless’ actions

The Financial Conduct Authority (FCA) said it had fined Richard Howson £237,000, after he withdrew his challenge to the FCA’s findings.

Evening Standard

‘Too much reliance’ placed on firm behind faulty drain, derailment inquiry told

Three people died when the train detailed near Stonehaven, Aberdeenshire, during torrential rain in August 2020.

Evening Standard

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Inquiry told of victims’ last moments in fatal Stonehaven train crash

The train crashed at Carmont near Stonehaven on August 12 2020 after it hit a pile of gravel washed on to the track by heavy rain.

Evening Standard

Network Rail infrastructure management ‘ineffective’, derailment inquiry told

Three people were killed in the incident in Aberdeenshire on August 12, 2020 when the train hit debris washed on to the track by heavy rainfall.

Evening Standard

Three killed in Stonehaven derailment suffered ‘unsurvivable injuries’ – inquiry

The crash in Aberdeenshire on August 12 2020 claimed the lives of three people and resulted in six others being injured.

Evening Standard

The UK government’s retreat from Carillion audit reforms is feeble

Eight years after systemic flaws were exposed, ministers have abandoned their long-promised overhaul in favour of another ‘pro-growth’ nod

The Guardian - UK

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FCA fines two former Carillion directors for misleading investors before collapse

Richard Adam and Zafar Khan knew about serious problems but failed to alert the market, UK regulator finds

The Guardian - UK

Two former Carillion finance directors fined by FCA over misleading statements

The Financial Conduct Authority said it had fined Richard Adam and Zafar Khan £232,800 and £138,900 respectively.

Evening Standard

“Changing from active to passive was huge – I’d forget to change the batteries and have a meltdown pre-gig when my EMGs died”: Conjurer just dropped a modern sludge-metal classic – and they made it using custom guitars with satanic scale lengths

The UK progressive sludge-metallers are one of UK heavy music’s most potent forces. Dani Nightingale and Brady Deeprose break down their Carillion and Mozer guitars, and why they write material using Guitar Pro – then send the tabs to their fans

Guitar World

RAIB report into fatal derailment not disputed by Crown, inquiry told

Three people were killed in the crash during bad weather near Stonehaven, Aberdeenshire, in August 2020.

Evening Standard

Fatal accident inquiry into Stonehaven derailment could start in January

Three people were killed in the incident, which occurred during bad weather near Stonehaven, Aberdeenshire, in August 2020.

Evening Standard

Extreme rain linked to train derailment likelier due to climate change – study

The likelihood of such downpours would increase by up to 40% if the world warms by more than two degrees above pre-industrial levels, scientists said.

Evening Standard

‘Past mistakes must be avoided’: anxiety as Labour eyes public-private funding for NHS

Decision on neighbourhood health centres expected in autumn but approach divides policy experts

The Guardian - UK

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The Independent UK

Stonehaven derailment fatal accident inquiry could last nine weeks, court told

Three people were killed in the incident during bad weather near Stonehaven, Aberdeenshire, in August 2020.

Evening Standard

Who is Sophie Chandauka? Sentebale chair accuses Prince Harry of 'harassment and bullying'

The Duke of Sussex set up the African charity in honour of his mother but now its chair claims he was the ‘number one’ risk to it

The Conversation

What public-private-partnership scandals can tell us about wrongdoing in the water industry

Water bills are going up in England and Wales, even after the series of scandals around water companies. Last year water firms paid £158 million in fines following a record-breaking number of sewage dumps in rivers and seas.

Evening Standard

Fatal accident inquiry to be held into rail derailment that killed three people

The incident occurred near Stonehaven, Aberdeenshire, in August 2020.

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news in one place.

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The Independent UK

How the collapse of one of Britain’s biggest building firms will hit Labour’s prison and schools plan

ISG, the sixth-biggest builder in the UK, collapsed in September, leaving 2,200 workers immediately redundant and many subcontractors out of pocket

The Guardian - UK

Tweaks, delays and compromises define UK’s post-Carillion response

From initial hopes of radical reform, we’ve ended up with a slight adjustment to the corporate governance code

The Guardian - UK

Disgraced ex-Carillion boss lands senior US role months after UK boardroom ban

Richard Howson’s job with Florida-based tech firm sparks anger among unions and industry experts

The Independent UK

FRC waters down governance overhaul as King’s Speech omits audit reforms

Britain’s accounting watchdog will abandon the majority of the 18 proposed changes to corporate governance rules in the latest set back to reforms.

The Guardian - UK

Carillion and the government’s shameful inertia on reform

Outsourcer’s collapse revealed disgraceful failures at auditor KPMG, yet six years on where is tough new regulator we were promised?

The Guardian - UK

KPMG boss says Carillion auditing was ‘very bad’ as firm is fined record £21m

Jon Holt says some employees ‘simply didn’t do their job properly’ in run-up to one of UK’s biggest corporate failures

The National (Scotland)

Stonehaven rail crash victims secure nearly £1 million in damages

ALMOST £1 million in damages has been secured from Network Rail for seven people affected by a rail crash which claimed three lives, lawyers have…

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