Film backdrop image for HS2 contract winners (2017)

20173 minPGnews

Corporate Responsibility

HS2 contract winners

20173 minPGnews

Carillion secures a controversial contract to construct the UK's HS2 railway, raising concerns about its financial stability and the project's future.

Corporate Responsibility

Genres

Channel: Financial Times

HS2 contract winners

2017• 3 minPG

Synopsis

Carillion secures a controversial contract to construct the UK's HS2 railway, raising concerns about its financial stability and the project's future.

Synopsis

Carillion, a construction company facing significant financial difficulties, has been awarded a contract to build the United Kingdom's High Speed 2 (HS2) railway, as announced by the government in 2017. This ambitious project aims to improve rail connectivity between major cities, including London, Birmingham, and Manchester. The decision to select Carillion has sparked debate regarding the company's past financial issues and the potential impact on the future of the HS2 initiative, raising concerns within the construction industry and among stakeholders.

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