HS2 seeks guarantee on crisis-hit Carillion

Carillion saw the value of its shares fall by nearly £600m after it issued a profit warning

Carillion saw the value of its shares fall by nearly £600m after it issued a profit warning

Wolverhampton-headquartered Carillion has appointed professional services business EY to support its strategic review, which was launched last week after a profit warning triggered a dramatic slide in its share price.

But today it was announced that alongside engineering group Kier and French construction company Eiffage, Carillion has been awarded two contracts worth a combined £1.3 billion to build tunnels on the central section of the route.

Last week it suffered a dramatic collapse in its share price after announcing a profit warning which saw nearly £600 million wiped from its value.

Cowards Be Gone - Geese Howard Joins the Cast of Tekken 7
Once the grand champion of that game's tourney was crowned, Katsuhiro Harada was brought on stage to drop some exciting news. With a new trailer, Bandai Namco confirmed that Fatal Fury series' villain Geese Howard will be joining the Tekken 7 roster.

EY will focus on reducing debt costs and boosting cash collection, according to a statement on Monday.

Interim chief executive Keith Cochrane said: "We are moving forward quickly with the actions outlined last week".

The company said it had identified a number of ways to reduce average net borrowing, including further cost efficiencies, an increased focus on managing working capital and on recoveries and cash collection. "My priorities are to reduce the Group's net debt and create a balance sheet that will support Carillion going forward".

Manchester United handed huge boost in surprise bid to sign PSG star
Manchester United have stepped up their interest in Paris Saint-Germain star Serge Aurier , according to reports in France. Matteo Darmian has been linked with a transfer to Italy, and Mourinho is keen on strengthening his options at the back.

It'll include surface works between the Chilterns and Long Itchington in Warwickshire on the £24.3 billion first phase of the £55 billion project, which covers 140 miles between London and Birmingham.

The spokesman for HS2 Ltd pointed out that each of the contracts had two parts, beginning with a 16-month design period where the government and the joint venture work closely together before starting on the second construction phase.

Chelsea 'the biggest club in England', claims star
Tiemoue Bakayoko says former Chelsea players Didier Drogba and Claude Makelele have been two major influences in his career. Let's see what happens. 'Chelsea is a great club with a great history, and they are the champions of England.

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