Carillion Pocketed £205m Despite Finishing Just 10% Of Much-Delayed Hospital
Construction giant Carillion earned £205m from a contract to build a multi-million pound hospital despite completing just 10% of the work before it went bust.
New figures show that Carillion, which collapsed under a mounting debt pile in January last year, pocketed the money for starting the Midland Metropolitan hospital in Smethwick, West Midlands.
The £205m pay-out was a significant chunk of the initial £350m overall budget for the project, which has ran over significantly and has left taxpayers picking up the tab.
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