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January 18, 2018, 03:37:19 PM *
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1  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in on: January 16, 2018, 10:55:14 PM
What I don't understand is why there is no mention of subsidiary companies. For a large group like Carillion, these special managers will be largely occupied trying to realise the value of its parts as going concerns, so as to maximise the money to go to (some) creditors. It may be that legally each is treated separately, but is that enough in practice? The special managers can, I guess, issue instructions to subordinate directors by virtue of being the sole shareholders, but at first sight there are linkages to do with loans and guarantees - at least - that matter in insolvency.

Early days yet for that to be in the media, they are more interested in the fall than the rescue.  I suspect the subsidiaries like Carillion Rail that are enabling parts to continue working and importantly paying wages to the employees.

I actually meant no mention in the Insolvency Act 1986. PWC's statement hints at this going on, but it could be read - particularly the bit about everyone being paid during the liquidations - as applying only to work on public services contracted to or via Carillion companies.

The latest contracts the government insisted were set up as seperate companies, a look at companies house show they all have different sets of directors.
Many are joint ventures as well so the other parties will potentially be propping it up.
CarillianAmey, and Carillion Powerlines to name two are trading as normal.
PWC have instructed staff to continue working and that they’ll be paid, which contradicts the explanations given in this thread,
2  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in on: January 16, 2018, 09:34:10 AM
From Global Rail News

Quote
Network Rail is activating contingency plans following the news that one of its main framework contractors, Carillion, is to enter liquidation.

A spokesperson said that it will be working closely with administrators and Carillion’s management team to ensure the news “has as little impact as possible” on its projects.

This includes ensuring that rail projects that Carillion is currently working on – which amounts to around £150 million to £200 million – continue and that the supply chain is maintained.

There are a number of major contractors who could take over Carillion’s projects.

Carillion is not involved in the day-to-day running of Britain’s railways and Network Rail reassured passengers that services will be operating as normal.

It is however a major rail contractor, working on such projects as Crossrail, HS2 and electrification schemes around the country.

My bolding.  Taking a selfish local view, how does this impact electrification and associated work such as platform lengthening ...?

The electrification schemes they have contract for is through the joint venture company Carillion Powerlines limited, Company number 08884783, it has a unique set of directors, and is not in liquidation.
3  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in on: January 16, 2018, 12:35:46 AM
Has the liquidator stopped work, otherwise for the moment still is...

A company in liquidation, rather than administration, ceases trading. So it should be refered to in the past tense.

Carillion had no viable parts of its business that an administrator could continue to run. It also had no viable assets for an administrator to sell to keep the business going until a buyer could be found.

Carillion was, in short, up a certain creek with no paddle.

My friend in mod family quarters joked today that it appeared business as usual- not turning up and not doing any work!

Back to serious side, a spokesman for network rail said their Carillion workforce has been instructed to turn up as usual and will be paid as normal. Presumably someone else is underwriting that?

I gather Carillion and kier and A N Other were joint ventures on hs2 for example and are effectively business as usual, as is CarillionAmey partnership.
4  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in liquidation on: January 15, 2018, 08:22:15 PM
Drainage seems an issue with most new roads, the Dobwalls bypass my local candidate has been redone several times to no success.
5  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in liquidation on: January 15, 2018, 12:14:55 PM
Is the Chairman, Philip Green the same Philip green who was at the helm of BHS? If so it raises more questions.
6  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in liquidation on: January 15, 2018, 10:37:33 AM
From The BBC

Quote
[Carillion] is the second biggest supplier of maintenance services to Network Rail, and it maintains 50,000 homes for the Ministry of Defence.

Think article should have said "was" rather than "is" ??


Has the liquidator stopped work, otherwise for the moment still is...
7  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: Carillion - railway contractor / public services provider - financial concerns, 2017/18, now in liquidation on: January 15, 2018, 08:23:22 AM
Entered liquidation this morning, reported to impact 20000 employees in the U.K.!
8  Journey by Journey / Plymouth and Cornwall / Re: Cutdown 125's to operate Penzance to Plymouth clockface service on: January 12, 2018, 01:59:28 PM
Someone involved in the project has been commenting on railforums regarding the ‘wibble’ that they hadn’t been converted yet, and confirmed the first set is almost ready to go with just several minor technical issues to resolve. He says it should be out within a month.
9  Journey by Journey / TransWilts line / Re: 10th January 2018 - celebration of 2 cars on the TransWilts on: January 08, 2018, 01:36:50 PM
Shame I’m working, the offer of free cake gets me anywhere
10  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: How should customers be addressed? on: January 06, 2018, 10:01:35 AM
A lot of ladies I know really dislike being addressed as madam.
Probably due to its latter definitions;

A bossy or conceited young lady, I.e she’s a little madam

The operator of a brothel.

11  All across the Great Western territory / Across the West / Re: Service 1A09 on: January 05, 2018, 01:48:26 PM
On another service it is just as likely to see the revenue inspectors on a service, so was wondering why it is deemed acceptable to buy a ticket on some services but can be given a penalty fair on others?

Often depends on how commission hungry the staff are!

I’ve been on services where the train manager has raced ahead of the RPI asking only for people who need to purchase tickets. I guess it also gives a stronger case then for the RPI if the TM has done this
12  Journey by Journey / Portsmouth to Cardiff / Re: Overnight parking at Westbury station on: January 04, 2018, 10:09:12 PM
APCOA connect website will sell multi day tickets, at the attached rates.
13  Journey by Journey / London to the West / Re: Storm Eleanor - 2/3 Jan 2018 - blanket speed restriction imposed on: January 04, 2018, 09:58:04 PM
The Looe branch was bustitution earlier due to a tree down, possibly a little larger than a branch... Tamar coaches supplying at least some of the bustitution.
14  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: How should customers be addressed? on: January 04, 2018, 04:09:59 PM
Many years ago, in M&S Falmouth, I witnessed a male holiday make from the home counties (judging by the accent) enquiring about new trousers. The female assistant, a proper Cornish maid,  responded with the question, "what size, cock?"





My gran worked in Various falmouth shops in the 60s, 70s and 80s. I wasn’t born then but remember as always addressing everyone as ‘Alright my cock’.
15  All across the Great Western territory / The Wider Picture in the United Kingdom / Re: How should customers be addressed? on: January 03, 2018, 11:33:47 PM
Varies from customer to customer to avoid coming across robotic. A quick assessment on how they address me,
If they address me as ‘mate’ etc I can flex  to be a little less formal. An older customer always mr or Mrs <insert surname>. Although some of my regular older customers  insist on me addressing them as their given first name. Some I’m on first name terms with, and know about their family and vice versa.
I’m guessing ChrisFromNailsea will have the same experience, but a sad sign of the current times that is and the postman are the only people some of our older customers see from week to week. We can log a ‘customer requires assistance’  which gives the driver  20-30 mins each future visit to that customer. Only today I delivered to a 80+ man who I’m on first name terms with, his family up north do his ordering for him, and he told me today he hadn’t seen anyone since I delivered to him last Wednesday as he hadn’t been out due to the bad weather. We had a good chat whilst I helped him put stuff away. It gives me great job satisfaction that I’ve been social company for that man, but it makes me sad this is a reflection of 2018 Britain where the grocery delivery person is the only person an elderly person has seen for a week.
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