Home Business News Nationwide to guarantee 250 Carillion jobs

Nationwide to guarantee 250 Carillion jobs

by
18th Jan 18 1:38 pm

Support measure for workers

Britain’s Nationwide Building Society said today that it will employ as many as 250 contractors from the failed construction firm Carillion.

In a statement today, Nationwide said that a further 1,500 staff are engaged by separate, third-party suppliers who work on Nationwide contracts with Carillion.

Those suppliers will now have their contracts directly with the building society, Nationwide said.

UK’s second-largest contractor Carillion collaposed earlier this week with debts of about £1.5bn. Crisis-hit giant has now filed for liquidation, owing up to 30,000 businesses around £1bn in unpaid costs, and putting thousands of jobs and pensions at risk.

 

 

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