Carillion

The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?

The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?
The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?
May 17, 2018  |  B2B Payments

The U.K. government released its report into the Carillion fiasco and it’s damning, to say the least – though not unexpected. Get the Full Story...

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 Carillion Fallout – and Late Payments – Dominate UK Headlines
 Carillion Fallout – and Late Payments – Dominate UK Headlines
May 15, 2018  |  B2B Payments

In the UK, late payments continue to be top of mind for smaller firms, while the ripple effects of Carillion’s failure are starting to turn...

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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  |  Exclusive Series

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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