Road to ruin? Carillion collapse puts spotlight on UK outsourcing model

LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week. The road project fell behind schedule and rose above budget, helping tip the contractor over the edge. Britain’s biggest corporate failure in almost a decade threatens thousands of jobs and has forced the government to step in to guarantee a slew of public serv...