Carillion

Part of Business, Energy and Industrial Strategy – in the House of Commons at 12:00 am on 30th January 2018.

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Photo of Greg Clark Greg Clark The Secretary of State for Business, Energy and Industrial Strategy 12:00 am, 30th January 2018

On the first day of the insolvency, I had in the representatives of all the supply-chain organisations. The first request they made was that we get the banks in to make sure that they treat leniently their customers who were caught up in the insolvency. The banks agreed to do that, and they put funds aside to support and assist those customers. Each bank has made commitments that it will apply leniency to any terms and conditions faced by those businesses.