Andrew Bridgen: Carillion collapse was a management failure, jobs will be recreated and management will have to be better

15th January 2018

Following the Government statement on the collapse of Carillion, Andrew Bridgen this was a management failure, demand for its services continues, jobs will be recreated and in future the management will have to be better. 

Does my right hon. Friend agree that companies do not fail—directors and management teams fail? Does he also agree that capitalism without bankruptcy is like Christianity without hell: there is nothing to keep us on the straight and narrow? Carillion is finished, but demand for its services continues. The jobs will be recreated, and in future the management will have to be better.

I cannot match my hon. Friend’s theological knowledge, but the central point he made at the end is right: this work in providing public services will still need to be done. People will still need to be employed in the provision of support services, facilities management, repairs and maintenance, and so on. Although that will not be done by Carillion in future, it will be done by another provider, and the need to employ numbers of people will remain.

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Friday 4th May 2018 - Coalville
Marlene Reid Centre, 85 Belvoir Road, Coalville, Leics LE67 3PH
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