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UK levies penalty for firm's misleading regulators into the quality of its financial audit of British contractor before its unexpected collapse under huge debt in 2018.
The government now plans to use different mechanisms to attract an estimated $380 billion of private investment into its long-term infrastructure pipeline.
Managers of a 90%-complete, 646-bed hospital in Liverpool will take charge of the project after unravelling a public-private partnership with the contractor Carillion Plc, which collapsed ignominiously in January.
The investigation of the collapse of Carillion plc has in a few weeks produced hundreds of pages of testimony and documents and withering verbal criticism by members of Parliament (MPs) directed at the company’s executives, accountants and pension regulators.