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Statement the Minister for the
Cabinet Office and the Chancellor of | 0:00:29 | 0:00:34 | |
the Duchy of Lancaster. | 0:00:34 | 0:00:36 | |
Mr Speaker, I wish to make a
statement to update the House on a | 0:00:40 | 0:00:44 | |
situation relating to Kennelly and
plc. Today the directors of | 0:00:44 | 0:00:53 | |
Carillion concluded the company is
insolvent and going into | 0:00:53 | 0:00:55 | |
liquidation. | 0:00:55 | 0:00:58 | |
Taxpayers, should not and will not
bail out a private sector company | 0:01:20 | 0:01:25 | |
for private sector losses.
Or allow rewards for failure. | 0:01:25 | 0:01:32 | |
And I fully understand that members
of the public and particularly | 0:01:32 | 0:01:39 | |
employees of the Carillion group
will have concerns. The Government | 0:01:39 | 0:01:43 | |
is doing everything possible to
minimise the impact on employees. | 0:01:43 | 0:01:49 | |
All employees should continue to
turn up to work, confident in the | 0:01:49 | 0:01:52 | |
knowledge that they will be paid for
the public services that they are | 0:01:52 | 0:01:56 | |
providing. To support staff and it
is applied to staff working for the | 0:01:56 | 0:02:07 | |
private sector as well as the public
sector contracts of the group. We | 0:02:07 | 0:02:13 | |
have established a helpline, using
Jobcentre Plus. | 0:02:13 | 0:02:23 | |
Subtitles will begin shortly. | 1:13:43 | 1:13:46 |