Fact Service (August 2016)

Issue 34

Blacklisting hit for Carillion 


The cost of blacklisting compensation is revealed in the half-year results of contractor Carillion.


The accounts for the six months ending June 2016 show a £10.5 million charge, “which represents the compensation and associated costs that we expect to pay under The Construction Workers Compensation Scheme set up by eight UK companies for workers who have been impacted by use of the database vetting system operated by The Consulting Association”.


Philip Green, chair of Carillion, passed no comment on the compensation payout in his statement accompanying the half-year figures.


https://carillionplc-uploads-shared.s3-eu-west-1.amazonaws.com/wp-content/uploads/2016/08/1110AR-interim-stock-exchange-announcement-2016-v2-original.pdf


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