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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