Carillion

Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future

Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
May 11, 2018  |  Sizzle/Fizzle

It’s never a good sign when the headlines begin widely speculating about a firm’s impending demise. That’s currently the media narrative for MoviePass, which has...

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Threat Of Insolvency Spikes For UK Construction Industry
Threat Of Insolvency Spikes For UK Construction Industry
May 10, 2018  |  B2B Payments

Following the collapse of the U.K.’s largest contractor, construction conglomerate Carillion, new data shows a major spike in the number of construction companies facing financial...

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Santander Earnings Hit By Carillion Collapse
Santander Earnings Hit By Carillion Collapse
April 25, 2018  |  B2B Payments

Despite a 10 percent increase in overall earnings, Spanish bank Santander endured an earnings drop on Tuesday (April 24) following the release of its first...

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Accounting Scandals Lead UK To Review Watchdog Powers
Accounting Scandals Lead UK To Review Watchdog Powers
April 18, 2018  |  B2B Payments

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the...

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Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
April 11, 2018  |  B2B Payments

The U.K. government is reportedly planning to blacklist potential contractors that pay their own suppliers late — a response to the recent collapse of Carillion...

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Serious Accounting Problems Found In 40 Percent Of Audits, Watchdog Says
Serious Accounting Problems Found In 40 Percent Of Audits, Watchdog Says
March 13, 2018  |  B2B Payments

Forty percent of audits inspected by the International Forum of Independent Audit Regulators (IFIAR) included serious problems, according to news from The Financial Times on Monday...

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Big Banks Step In To Aid Carillion Suppliers
Big Banks Step In To Aid Carillion Suppliers
January 19, 2018  |  B2B Payments

Large financial institutions in the U.K. are stepping in to help companies affected by the collapse of construction giant Carillion. Get the Full Story Complete...

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Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
January 16, 2018  |  B2B Payments

The global market woke up Monday (Jan. 15) to news that construction conglomerate Carillion, based in the U.K., went into liquidation, setting off alarms throughout...

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