An in-depth look at outsourcing giant Carillion one year after its collapse

The Telegraph’s Jack Torrance has taken an in-depth look at outsourcing giant Carillion one year after its collapse. “The sorry episode has dominated the business and political agenda for the past year. As Carillion’s surviving rivals and suppliers continue to battle against tough conditions and the Insolvency Service readies its own report into what went wrong, it will remain a lasting influence for some time to come.” The UK public services union Unite has published an in-depth report on the Carillion collapse “Carillion’s approach to bidding for these contracts underlines the inherent problem with successive government’s mania for outsourcing. The company which provides the lowest bid is awarded the contract, creating a race to the bottom where all the quality is cut from a contract with the wages of staff and their conditions being seen as a prime area to chop. In many cases the low bid is a deliberate gamble as the company hopes to make healthy profits from additional services required by the client outside of the contract.”