Public-private disaster unfolding in Britain: It has barely been reported in Australia, but it is big news in Britain. One of that country’s largest beneficiaries of government outsourcing, a company called Carillion, has gone broke. While the Government has refused to bail it out, the British taxpayer will still have to pay the pension liabilities and the continuing wages to …"
The above article written by Graeme Philipson at https://www.governmentnews.com.au/2018/01/public-private-disaster-unfolding-britain/ is well worth reading and circulating to those that are still considering PPPs as Government Service provision or Infrastructure . The article quotes a series of points around on going service provision , who will pick up the 'bill' plus pointing out the company employees around 40, 000 employees in the UK and Globally
Related articles have been published at
http://www.smh.com.au/business/this-is-a-very-sad-day-uk-government-seeks-to-limit-damage-after-carillion-collapses-20180115-h0iqve.html
http://www.afr.com/business/construction/uks-carillion-rail-builder-and-school-contractor-collapses-as-banks-pull-plug-20180115-h0irya
https://www.theguardian.com/business/live/2018/jan/15/carillion-crisis-liquidation-last-ditch-talks-fail-business-live
PSI Asia Pacific - Utilities - Electricity - Water & Local Government Network Bulletin Blog - The below items are published as an internal PSI Bulletin monthly or you can follow by each post by e-mail.
