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.

Guardian reports;

  • 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.