UK PM May out with comments in the wake of Carillion going down 15 Jan

  • priority is now the continuation of public services
  • normal tendering processes were always followed
  • if there are lessons to be learned for the govt they will be
  • some costs will be incurred by govt to fund Official Receiver's work

I reported on the story here earlier which begs the question of why keep awarding key contracts to a company already issuing profit warnings.

Meanwhile GBPUSD down at 1.3770 after the earlier 1.3820 highs in a rush.