Carillion liquidation set to cost the taxpayer £148m, says National Audit Office

By Jordan Marshall2018-06-07T00:01:00

Public spending watchdog says it could take years to know final cost

Carillion’s liquidation is set to cost the public £148m.

In an investigation into the government’s handling of the collapse of Carillion released today, the National Audit Office (NAO) said the public purse was set to take a nine-figure hit for footing the contractor’s liquidation bill.

But the watchdog also said it could take years to establish the final cost of the collapse, with wider costs to the economy, Carillion’s customers, staff, the supply chain and creditors expected.

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