Carillion

Defective construction work by the now-defunct contractor Carillion led to a 2020 train accident in Scotland in which three people were killed, according to a report. The contractor failed to recognise and flag up serious faults while it was working by the Stonehaven rail line in 2011, according to a…

KPMG has hit back at the £1.3bn lawsuit it has been landed with as details of the case are revealed. The accountant formally acknowledged the claim on Thursday afternoon, but said in a statement that it was without merit and that they would “robustly defend” the case. The Official Receiver,…

KPMG is being sued for more than £1bn over its work with Carillion leading up to the contractor’s collapse. The Official Receiver, which is trying to recover as much money as possible for creditors, has filed a formal legal claim against KPMG, according to Sky News. It is understood the…

United Colleges Group has announced a new £140m campus in Brent, London. The group, which was formed by the merger of the College of North West London and City of Westminster College, has acquired the Olympic Office Centre site in Wembley for its new campus. The new facility will focus…

KPMG’s UK boss has admitted the auditor misled the accounting watchdog during a review of its auditing of Carillion. A tribunal examining information KPMG employees gave to the Financial Reporting Council (FRC) when the watchdog was carrying out a routine check of its auditing of Carillion’s 2016 accounts began this…

A legal claim against Carillion’s auditor KPMG has moved a step closer and could reach £1bn in value. Legal papers were filed on Friday ahead of a full claim being launched, which is expected to happen in the next few weeks. A professional negligence claim was filed on behalf of…

A primary school in Tameside is facing a bill of £5m to repair problems with a £2.7m refurbishment carried out by Carillion before the contractor collapsed. The firm did the work at Russell Scott Primary in Denton in 2015. Problems were reported by the school soon after work was completed…

KPMG will face a formal disciplinary hearing regarding information it provided about its auditing of the collapsed contractor Carillion. The Financial Reporting Council (FRC) said KPMG, one of its former partners and some of its current and former employees, provided “allegedly false and misleading information” to the FRC as it…

More than 250 former Carillion workers have won a legal ruling related to whether they were fairly compensated when the company collapsed in January 2018. An Employment Appeal Tribunal has ruled that 263 former Carillion staff represented by the Unite union have the right to seek compensation in a full…

A £250m legal claim against Carillion’s auditor KPMG has moved a step closer. The official receiver, which is managing the liquidation of the firm, has sent a letter before action to KPMG warning it of the potential claim, according to Sky News. The latest action follows on from the receiver…