Construction company Carillion faces collapse

Construction company Carillion faces collapse

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Carillion, a major player in UK public projects, is facing financial collapse. Despite being involved in multi-billion pound projects, its value has plummeted, and debts have risen. The government and financial backers are in talks to address the crisis, with concerns over job security and project continuity. An investigation is called for to assess potential misuse of public funds.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What prompted the call for an investigation into Carillion?

The company's involvement in building football stadiums

The increase in Carillion's share price

The company's success in recent projects

The potential misuse of public funds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent action did the government take regarding Carillion?

Increased Carillion's funding

Closed Carillion's projects

Awarded new contracts to Carillion

Reduced Carillion's workforce

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding Carillion's financial situation?

The company's expansion into new markets

The company's investment in technology

The significant drop in the company's value

The increase in Carillion's workforce

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern if Carillion collapses?

The impact on international markets

The company's expansion into new industries

The increase in Carillion's share price

The effect on job security and pension funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action is needed to address the issues surrounding Carillion?

Reduction in workforce

Expansion into international markets

Government intervention to ensure job security

Increased investment in technology