Carillion has been one of the largest corporate failures in this country. This, along with other failures will have a domino effect on the economy for possibly years to come. Many subcontractors and small business within the construction industry will feel the effects in due course. It is not just the debt that is due to the business that is lost, it is also the future work that the business was reliant on.
Outside the construction sector, there are some other big failures which will also impact on the economy.
It is important to seek professional advice as soon as the business starts to feel the ripple effect.
Please contact Carol Tindal to arrange a free initial consultation if you think your business may be affected.
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