Wednesday, 17 January 2018

Lincoln Eastern Bypass - delay

Lincoln Eastern Bypass delayed after contractor goes into liquidation

The company contracted with building the £99 million Lincoln Eastern Bypass has entered liquidation.

Lincoln Eastern Bypass in limbo until new contractors found

Questions have been raised over who will complete the £99 million Lincoln Eastern Bypass after primary contractor Carillion entered liquidation.

Carillion collapse raises job fears

Carillion ran into trouble after losing money on big contracts and running up huge debts of around £1.5bn.

Sub-contractors down tools on Bypass work

Construction firms have said work will not continue until they have assurances they will be paid for their services.

An old business mantra

The saying that 'turnover is vanity, profit is sanity, but cash-flow is reality' has never been truer.

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