The outsourcing giant with 70,000 employees is “circling the drain.”… Read More Is the UK’s “Next Carillion” About to Fall?
After scandals, collapses, and the government’s off-balance-sheet debt.… Read More Multi-Decade Outsourcing Boom Comes to Sticky End in the UK
The “oligarchy” controls the standard-setters, ensuring rules of the game suit it. The long reach of the bean counters also extends deep into the heart of government.… Read More Big Four Audit “Oligarchy” Comes under Scrutiny in the UK after Corporate Surprise Collapses
UK regulators may be on the verge of doing something right, but doubts remain over how genuine their stated intentions are.… Read More After a String of Corporate Scandals & Collapses, “Big Four” Accounting Giants Face Breakup in the UK
Two large British outsourcers are also on the verge of collapse, and the vultures are circling… Read More Was Carillion’s Collapse the Beginning of the End for UK’s Outsourcing Sector?
The construction & services giant collapsed even as KPMG signed off on its financial statements; now they deny any responsibility.… Read More “It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability”
Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace”… Read More Fallout from Carillion Collapse Hits KPMG
“The company that runs Britain”: profits were privatized, costs will be socialized.… Read More Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem