Live coverage of the joint session of the Public Accounts committee and the Public Administration and Constitutional Affairs committee on the collapse of Carillion.
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Subtitles will begin at 11:30am.
Well, what I did as part was
reshaped the management team. We
stripped out two divisions, we
aligned accountability for
individual managers right to the
top. I was targeting a £75 million
cost reduction in the overhead of
the business because I believed
there was excessive overhead and
complexity as a result of that. It
was very much a message of seeking
to simplify the business, make it
continue to focus on infrastructure
and construction because we did see
some overlap and value in having
those different skill sets across
the group but seeking it to the more
straightforward and simple business
with less complexity internally
across the different divisions. And
how did that reassure the
government? We have to leave our
live coverage. You can continue
watching the session online on our
Live coverage of the joint session of the Public Accounts committee and the Public Administration and Constitutional Affairs committee on the collapse of the construction firm Carillion, with evidence from Carillion's former chair, Philip Green, and former board members Richard Adam, Richard Howson and Keith Cochrane.