Construction firm Carillion is in talks with lenders
- The Cabinet Office held emergency talks on Sunday. That meeting broke up without a rescue deal being announced.
- 43,000 jobs, along with many major projects and public services are at risk.
- Carillion issued a profit warning in July
- downgraded its profit forecasts twice more since
- Four months ago, it reported a £1.15bn loss for six months
- debts of £900m, stockmarket value is £61m (3 years ago Carillion was valued at £1.6bn)
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GBP is shaking it off ... it has shaken off everything since late last week. But this is not a positive.