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The Latest Breaking News from Carillion

UK Government confirms plans to tackle dominance of audit 'Big Four'

A new regulator is set to be introduced to avoid the sudden collapse of big companies

Insider UK

Ministers to rip up transparency rules for small firms to encourage job creation

The government has also revealed the creation of a new authority which it promised would regulate auditors more closely.

The Independent UK

EY plans to spin off audit business in shake-up for industry

Move follows series of high-profile corporate collapses including Carillion and BHS

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

KPMG to be fined £14m for forging documents over Carillion audit

Regulator confirms settlement after former staff falsified material over audits of Carillion and Regenesis

The Guardian - UK

Southmead Hospital construction 'problems' among key claims in government lawsuit against Carillion auditors

The construction was controversial due to 'problems' with the building and Carillion was later sued by the NHS Trust responsible for the hospital, before the company collapsed

Bristol Post

Three new London hospitals ‘delayed in row over cash’

Whipps Cross, Sutton and Hillingdon schemes in funding battle with crisis-hit projects outside capital

Evening Standard

Carillion 'repeatedly tried to sue' Liverpool NHS Trust over stalled Royal hospital

Court papers reveal shocking details before main contractor on city's new hospital collapsed

Liverpool Echo

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Stonehaven rail crash 'caused by Network Rail and Carillion failures'

Errors in the construction of a drainage system meant it was unable to cope with heavy rain

Insider UK

Botched drainage system blamed for fatal Stonehaven train crash

Investigators identify failings by Network Rail and collapsed outsourcing giant Carillion

The Independent UK

Wrongly built drainage system led to Stonehaven train crash, investigators find

Network Rail failed to notice that works by Carillion on Aberdeen to Glasgow line did not match the design

The Guardian - UK

KPMG facing £1.3billion lawsuit over stalled projects including Royal Liverpool Hospital

The claim will allege that KPMG failed to respond to multiple "red flags"

Liverpool Echo

KPMG being sued for £1.3bn over Carillion audit

UK official receiver brings unprecedented action as part of its duty to try to maximise returns for creditors of collapsed firm

The Guardian - UK

Official Receiver files legal claim against KPMG over Carillion role

The claim will allege KPMG failed to respond to multiple ‘red flags’ which should have alerted them to a clear and obvious risk of misstatement.

The Independent UK

Carillion tribunal: KPMG ex-partner denies forging documents

Evidence focuses on KPMG’s ‘misleading’ disclosures about audit of company that collapsed in 2018

The Guardian - UK

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Wales Online

The chequered past of Wales' tallest building

It may be the only skyscraper in Wales but it's certainly had its fair share of controversies over the years and they show no sign of ending in 2023

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Kwasi Kwarteng

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