Carillion on the brink: Government contractor crashes 30%

Carillion is on the brink of collapse with debts of about £1.5bn and a £587m pension deficit Shares in crisis-hit Carillion crashed nearly 30 per cent as fears grew that rescue talks would fail.The key Government contractor, which is working on the HS2 high-speed rail link as well as hospitals and roads around the country, is on the brink of collapse with debts of about £1.5billion and a pension deficit of £587million.Bosses have been in talks with lenders, including HSBC, Barclays and ...