{"id":634481,"date":"2018-01-16T04:09:57","date_gmt":"2018-01-16T04:09:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/"},"modified":"2018-01-16T04:09:57","modified_gmt":"2018-01-16T04:09:57","slug":"british-construction-company-carillion-insolvent","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/","title":{"rendered":"British construction company Carillion insolvent"},"content":{"rendered":"<p><strong>British construction firm Carillion collapsed yesterday after banks refused the firm further financing, <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-carillion-restructuring\/britains-carillion-collapses-after-banks-pull-the-plug-idUSKBN1F40P0\">Reuters reports<\/a>. The 200-year-old firm went into mandatory liquidation after banks refused to restructure liabilities upwards of GBP 2 bn. Carillion becomes the first corporate giant to fail in the UK in 10 years. The UK government was forced to guarantee some of their ongoing public works.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British construction firm Carillion collapsed yesterday after banks refused the firm further financing, Reuters reports. The 200-year-old firm went into mandatory liquidation after banks refused to restructure liabilities upwards of GBP 2 bn. Carillion becomes the first corporate giant to fail in the UK in 10 years. The UK government was forced to guarantee some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634481","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2cc672e6-c922-4252-abe7-4bfa97d37e3d","order":"0","is_powered_by":true,"section_story_id":"5296a070-21bc-40cb-bfff-aa4324b2ad4a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634459],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>British construction company Carillion insolvent - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"British construction company Carillion insolvent\" \/>\n<meta property=\"og:description\" content=\"British construction firm Carillion collapsed yesterday after banks refused the firm further financing, Reuters reports. The 200-year-old firm went into mandatory liquidation after banks refused to restructure liabilities upwards of GBP 2 bn. Carillion becomes the first corporate giant to fail in the UK in 10 years. The UK government was forced to guarantee some [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-16T04:09:57+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"British construction company Carillion insolvent\",\"datePublished\":\"2018-01-16T04:09:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\",\"name\":\"British construction company Carillion insolvent - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-16T04:09:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"British construction company Carillion insolvent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"British construction company Carillion insolvent - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/british-construction-company-carillion-insolvent\/","og_locale":"en_US","og_type":"article","og_title":"British construction company Carillion insolvent","og_description":"British construction firm Carillion collapsed yesterday after banks refused the firm further financing, Reuters reports. 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Carillion said it would pull out of construction projects in these three countries after a decline in the oil price\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641501,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/","url_meta":{"origin":634481,"position":1},"title":"Carillion considering withdrawing from Education Ministry\u2019s PPP schools project","author":"enterpriseam admin","date":"25 September 2017","format":false,"excerpt":"Carillion is reportedly considering withdrawing from an Education Ministry tender to build 200 schools under a PPP framework because of \u201cincreased risk\u201d in the project, sources from within the company tell Al Borsa. The sources also claim the Education Ministry has plans to establish its own schools with lower tuition\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650606,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/28\/orascom-construction-smart-international-schools-withdraw-from-200-schools-project\/","url_meta":{"origin":634481,"position":2},"title":"Orascom Construction, Smart International Schools withdraw from 200 schools project","author":"enterpriseam admin","date":"28 March 2017","format":false,"excerpt":"Orascom Construction and Smart International Schools have allegedly withdrawn frombidding on a state tender to develop 200 schools under a public-private partnership framework, sources tell Al Borsa. The government is expected to announce next week which of 43 bidders will move forward, and the newspaper claims that the Emirates\u2019 Al\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641886,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/bpe-partners-backs-out-of-education-ministrys-ppp-schools-project\/","url_meta":{"origin":634481,"position":3},"title":"BPE Partners backs out of Education Ministry\u2019s PPP schools project","author":"enterpriseam admin","date":"1 August 2017","format":false,"excerpt":"BPE Partners has reportedly decided not to participate in an Education Ministry tender to build 200 schools under a PPP framework, an unconfirmed report in Al Mal said yesterday. Feasibility studies conducted after BPE was shortlisted revealed that the EGP 3 bn project is not in sync with the company\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634199,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/next-round-in-ppp-school-tenders-to-be-launched-this-month\/","url_meta":{"origin":634481,"position":4},"title":"Next round in PPP school tenders to be launched this month","author":"enterpriseam admin","date":"9 January 2018","format":false,"excerpt":"Next round of PPP school tenders to be launched this month with only four remaining bidders: The government plans to announce the next stage of the tender to develop and run 200 public-private partnership schools this month, sources tell Al Borsa. 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