Raffuel Surety Study Finds Band Aids Won't Fix Damage Left by Carillion
Carillion became the largest corporate liquidation in UK history. A year later, the collateral damage continues with stalled public projects dragging on while 'Mom & Pop' vendors and subcontractors face insolvency, unable to collect monies due. Surety was designed to protect these folk, taxpayers and contractors alike. The head scratching question remains - why didn't the UK government use it?
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