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Carillion fallout: 'They've literally locked the gate' | Carillion fallout: 'They've literally locked the gate' |
(about 1 hour later) | |
Construction and services company Carillion has collapsed, putting thousands of jobs and pensions at risk. | Construction and services company Carillion has collapsed, putting thousands of jobs and pensions at risk. |
The firm is involved in major public projects such as the HS2 high-speed rail line and manages public service contracts including schools and prisons. | The firm is involved in major public projects such as the HS2 high-speed rail line and manages public service contracts including schools and prisons. |
Employees and sub-contractors alike have reacted to the news, worried about their wages, pensions and hundreds of thousand of pounds owed in contracts. | Employees and sub-contractors alike have reacted to the news, worried about their wages, pensions and hundreds of thousand of pounds owed in contracts. |
Phillip, Birmingham | Phillip, Birmingham |
"I work on a project in Birmingham on Midland Metropolitan Hospital, which is work subcontracted from Carillion. | "I work on a project in Birmingham on Midland Metropolitan Hospital, which is work subcontracted from Carillion. |
"We turned up this morning and were told they've gone into liquidation and that's it. The site was closed. | "We turned up this morning and were told they've gone into liquidation and that's it. The site was closed. |
"There was 20 of us working for my company, and on the whole site there was 520 people for different companies. | "There was 20 of us working for my company, and on the whole site there was 520 people for different companies. |
"Everyone on the site got told: 'That's it, go home.' My company said, 'You've been laid off.' | "Everyone on the site got told: 'That's it, go home.' My company said, 'You've been laid off.' |
"People were just grabbing their stuff and leaving, not knowing what they'd be doing tomorrow morning. | "People were just grabbing their stuff and leaving, not knowing what they'd be doing tomorrow morning. |
"They've literally locked the gate. They've told us we can get our personal tools off the site if they're small, but that's it. | "They've literally locked the gate. They've told us we can get our personal tools off the site if they're small, but that's it. |
"There were kids on there doing their apprenticeships with college, they're gone too. | "There were kids on there doing their apprenticeships with college, they're gone too. |
"I just don't know what to do with myself. I've registered with a few agencies since this morning but I don't know what I'm going to do for rent. | "I just don't know what to do with myself. I've registered with a few agencies since this morning but I don't know what I'm going to do for rent. |
"I'm due wages from my company I don't know if I'm going to be getting. When I asked my boss, he said the company is owed money for wages. Well, if they're not getting it, we're not getting it." | "I'm due wages from my company I don't know if I'm going to be getting. When I asked my boss, he said the company is owed money for wages. Well, if they're not getting it, we're not getting it." |
Martin, Manchester | Martin, Manchester |
"The pension is one of the things I was intending to withdraw. | "The pension is one of the things I was intending to withdraw. |
"It was estimated at £43,000, which may be small to some people but it's a lot for me. | "It was estimated at £43,000, which may be small to some people but it's a lot for me. |
"We haven't even contacted Carillion with regards to withdrawing it. I think I'd be lucky to even speak to anyone, it was bad enough when I was just getting my estimates. | "We haven't even contacted Carillion with regards to withdrawing it. I think I'd be lucky to even speak to anyone, it was bad enough when I was just getting my estimates. |
"It's a big disaster. I heard recently they were struggling but I didn't know it was that bad. Their ability to repay the money and what it might have done to the share value, I don't know. | "It's a big disaster. I heard recently they were struggling but I didn't know it was that bad. Their ability to repay the money and what it might have done to the share value, I don't know. |
"I had my money from another company transferred to the Carillion pension fund as well. It looks as though it was a really bad decision. There's no way I could have known. | "I had my money from another company transferred to the Carillion pension fund as well. It looks as though it was a really bad decision. There's no way I could have known. |
"This pension was all I had to fall back on, now it's in doubt. I haven't a clue what I'll do if it doesn't come." | "This pension was all I had to fall back on, now it's in doubt. I haven't a clue what I'll do if it doesn't come." |
Mike, South England | Mike, South England |
"We're a supplier who do work for Carillion. We provide support services in commercial finance. | "We're a supplier who do work for Carillion. We provide support services in commercial finance. |
"We've invoiced them for £240,000, going back to September last year. I don't think we'll get this money back. | "We've invoiced them for £240,000, going back to September last year. I don't think we'll get this money back. |
"For us, it's a bad day, it'll impact us for the year. We're a large company and therefore we will survive. But it's just survival. There's smaller contractors who will be impacted worse. | "For us, it's a bad day, it'll impact us for the year. We're a large company and therefore we will survive. But it's just survival. There's smaller contractors who will be impacted worse. |
"I guess government contracts will be protected, but we will probably be going directly to the end customers to try to take on those contracts so that we can survive. | "I guess government contracts will be protected, but we will probably be going directly to the end customers to try to take on those contracts so that we can survive. |
"Obviously, we won't be able to recover what's been lost. Looking at the size of the debt they seem to have, I don't see a lot of hope of anybody getting anything back. | "Obviously, we won't be able to recover what's been lost. Looking at the size of the debt they seem to have, I don't see a lot of hope of anybody getting anything back. |
"We've always been struggling with the Carillion culture. They're the last of the big contractor dinosaurs. Their procurement people weren't good and we didn't like working for them." | "We've always been struggling with the Carillion culture. They're the last of the big contractor dinosaurs. Their procurement people weren't good and we didn't like working for them." |
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