and as recently as november, was awarded a contract to help build the high—speed network, hsz.ght contracts were awarded after carillion warned its finances were on the ropes, which led to angry exchanges in the commons. when did the government first realise that carillion was in trouble? after all, they have had three ceos in a short space of time, three separate profit warnings, and back in 2015, they were already short selling the stock on the stock exchange. so, where did it go wrong? big contracts like this went sour, profits optimistically banked had to be written off, blowing a hole in its finances, and with banks unwilling to lend any more money without government support, its fate was sealed. carillion was a company that until recently paid big salaries to its bosses and big dividends to its shareholders, despite owing its banks and its own pension scheme £1.5 billion. the wisdom of awarding public service contracts to a company like that will continue, but today, the urgent concern is for those thousands of small businesses who rely on the big boys like carillion for

for example, hsz, they might pick up the phone to balfour beatty and ask if they can do it.risons. you can see how it goes on. but it's a long process because you have to re—tender, rebate and re—award hundreds have to re—tender, rebate and re—awa rd hundreds if have to re—tender, rebate and re—award hundreds if not thousands of contracts. so it may mean that these contracts are fulfilled, it may mean thatjobs are lost, but this is all going to take a very long period of time, if that's what the government decides to do?m long period of time, if that's what the government decides to do? if the banks can restructure the debt somehow, that's great. they can restructure the depths, maybe kick it into the long grass to a certain extent, and maybe jobs it into the long grass to a certain extent, and maybejobs will it into the long grass to a certain extent, and maybe jobs will be saved. it's difficult to see there would be some effect on the company because the banks will want some sort of change. if the company files we re sort of change. if the company files were administration

hsz did not have a contract with a single company and it was a consortia.ure is responsible for delivering the project. the judgment has to be is the contract intact and will the work be done. it is not for government and not for hsz to exclude firms and possibly pushed under because of the impact on their business. it would be illegal to do so business. it would be illegal to do so because there is no legal reason to exclude them. we just need to make sure the contract is deliverable, we make sure that the staff are covered and they will be i'io staff are covered and they will be no impact on the h52 project. now of course the labour leader, for him this plays into the political argument he has been making ever since he became leaderfull stop is talked about what he sees as the limitations of the private sector and today made it clear that he feels it should be public sector workers with what he called the public sector ethos. so this allows him to make and develop those arguments, there will be enquiries into what went wrong as well. so ha rd to into what

trying to reach an agreement with creditors, is a key government contractor for projects including hsz. hawaii's governor apologises after an emergency alert was sent out warning people of an incoming ballistic missile threat. people were urged to seek shelter and told it was not a drill. president trump has been briefed. dentists are warning of a tooth decay crisis among children in england. it's after figures revealed a record 43,000 operations to remove rotting teeth were carried out last year. 0n meet the author of this week, mike guest is an american brighter of korean descent whose first novel is an evocative story of two sisters who seem to lose everything in war in korea but whose love for each other ngos. —— engineers. —— endures. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are anne ashworth, associate editor at the times, and the author, playwright and columnist in the new european, bonnie greer. tomorrow's front pages. the sunday times, which reports that the newjustice secretary is preparing to intervene to halt the release o

britain's biggest ever rail infrastructure project, hsz, begins major construction this year, and hereillion is supposed to build it. but given its mountain of debts, there is a very real chance the government might step in and have to give those contracts to other companies or simply bail the company out. with all the moral hazard that comes with that. so what would happen to other companies that carillion had passed on some work to? companies like carillion outsource most of their work. so pretty much all their supply chains are dependent on them for payment. and you have so many tiers of contracting, people lower down the chain who are equally concerned. but that's the kind of model we have in the construction industry where these large firms outsource everything. if carillion cannot be saved or restructured, the consultants ey have been put on notice to take over as administrators. it's a precautionary measure which the government and thousands of staff hope will not be needed. early comedy gd executive of a trading body representing —— earlier, rudi klein who's chief representing

britain's biggest ever rail infrastructure project, hsz, begins major construction this year, and heren. carillion is supposed to build it. but given its mountain of debts, there is a very real chance the government might step in and have to give those contracts to other companies or simply bail the company out. with all the moral hazard that comes with that. so what would happen to other companies that carillion had passed on some work to? i'm concerned about the supply chains and how they are going to get paid because it is macro is operating a 120 day payment period and we are truly concerned as to whether they will get paid —— biton is operating. they also have millions of pounds of attention is held back from these firms —— rete ntions held back from these firms —— retentions held back from these firms. if carillion cannot be saved or restructured, the consultants ey have been put on notice to take over as administrators. it's a precautionary measure which the government and thousands of staff hope will not be needed. the african union has demanded an apology from president trump

be told about what what the government knew when they awarded a {1.4 billion contract recently for hsz a whole ideological system of contracting out public services. reckless with taxpayers' money, helpless on public services, isn't it time the government made way for an administration which cares and will exercise due diligence? if we look at those carillion contracts which are still, until this morning, still active, roughly one third, yes, were awarded by the conservative government. roughly one third were awarded by the coalition government, when the honourable member was... and the other third by labour governments in which as the right honourable gentleman knows he was actually working in the office of the then prime minister, so i would suggest that the right honourable gentleman when he returns to their subject treat it with the seriousness that it deserves. when carillion collapsed at the weekend they had debts of £900 million and a pension deficit of £600 million. and yet year after year after year, carillion paid dividends out to their shareholders. after the chief executive

financial collapse of a company that had government contracts in everything from school dinners to hszleft its own employees and so many more who work for it indirectly, facing a worrying future. arillion itself employs some 20,000 workers in the uk. the company has a50 government contracts — that's a massive portfolio. no wonder it sub—contracted thousands of small firms to do some of that work. carillion‘s demise has raised questions for government about the way public sector projects are handed out to private sector businesses. more on that in a moment, but first, here's our business editor simonjack. this bypass near aberdeen is scotland's biggest construction project with a price tag of £750 million. here's another one, around lincoln, cost, 100 million. just two 450 lincoln, cost, 100 million. just two a50 contracts carillion has been awarded throughout the uk but it did awarded throughout the uk but it did a lot more than. through contracts to manage schools, prisons and hospitals, it touched the lives of millions. today, the government said it would not support the company with

hsz banks whose patients have run out. hs2 starts major construction here next year.osed to build it but given the mountain of debt is there was a very real chance that the government might step in and have to give those contracts to other companies or simply bail the company out. there is moral hazard that comes with that. what would happen to other companies that carillion passed on work to? companies like carillion outsource most of their works are pretty much all the supply chains are dependent on them for payment and not only that, you have so many tears of contractors, there are people low down the chain as well who are equally concerned. that is the kind of model we have in the construction industry, where these large firms outsource everything. . carillion -- if carillion cannot be saved then administrators have been put on notice. it is a precautionary measure that the government and thousands of staff hope will not be needed. and joe lynam joins me now. this is a real headache for the government what are they going to do? there has been a meeting on thursday

difficulty because of delays to the project but injuly the department for transport still gave them the hszm of government isn't talking to the other, and that's a conscious choice of the treasury, or they bailing them out. neither good. please stop them out. neither good. please stop the party political ding—dong because labour leeds council announced they wanted to award contractsjust announced they wanted to award contracts just before hand. announced they wanted to award contracts just beforehand. they hadn't signed it but they announced it. we all know you announce it and then have the formal signing later. when will you get a grip of this? the contracts that have been signed recently, my understanding for what the prime minister said today was all bar one have had this double wrapping. that's by accident rather than design. my understanding is that has been considered.|j than design. my understanding is that has been considered. i want to comment on your thing about the bosses. it's ridiculous it seems that no matter how big a failure, the people at the top always walk away in clover

carries out maintenance forschools, prisons, hospitals and other huge infrastructure projects like hszhuge infrastructure projects like hs2. if the company cannot find a suitable solution with its creditors, the banks, then there are contingency plans would need to kick in to make sure that schools, prisons and hospitals would continue to function smoothly from next week. if the talks break down, and there isa if the talks break down, and there is a real chance that the second biggest construction company in britain could file for administration as early as tomorrow morning. police on humberside say a man who died after an attack at his home near driffield may have been shot with a crossbow. 30—year—old shane gilmer was attacked on friday night, at the house in the village of southburn. police say they want to speak to 55—year—old anthony lawrence in connection with the incident, which also resulted in a woman suffering serious injuries. fiona trottjoins me now from the village of southburn, in east yorkshire with the latest. the owner? as you can see, the village is still cordoned off

hsz did not have a contract on this project with a single company, it a contract with a consortium, ande is responsible for delivering the project. from our point of view, the judgment has to be, is the contract intact, will the work begun? it is not for government author hsz to exclude firms and possibly push them under because of the impact on the business. it could be illegal to do so because there is i'io be illegal to do so because there is no legal reason to exclude them. what we have to do is make sure that the contract is deliverable, there is no financial cost, the staff are cove red, is no financial cost, the staff are covered, and if the right due diligence was done, there will be no impact of this tragic loss of carillion on the h52 project. the insolvency service has just said that bonus payments to executives have been stopped after the date of liquidation. this is clearly the government trying to grab something from this mess? they know that that particular issue about directors and former directors, the bonus is that they took, the way that they seem to have changed the

i think one of my sons is responsible for hsz. have a word with him. role internationally, forests, plastic pollution, climate change and i would put in wildlife, biodiversity. crucial areas. thank you both very much. how well do politicians know the electorate? and do voters really speak their minds when asked about their concerns? to get a better understanding of peoples worries and insecurities one think tank, demos, tried to take the pulse of people in england — paying particular attention to white over fifties voters — in areas that have undergone the most significant cultural and economic dislocation over the past three decades. instead of asking responders to tick boxes, it took down quotes and comments, word for word — inviting people to answer honestly and anonymously without fear of what some called ‘the need for political correctness'. we'll ask if their words represent legitimate economic grievance, wistful nostalgia or a failure to engage with modern britain in a moment. first, john sweeney has been gauging reaction to the report's content

for example, the hsz are injoint ventures.lities that carillion was sharing with them. there is complete continuity there. there will be other contracts that are older. we will be asking why the government feels the need to let more risky companies carry on bidding for contracts when they are beginning to raise concerns. interestingly, the government is worried about being sealed by companies for being arbitrarily excluded from contracting. i don't know how big a risk that is. that is something as we need to look at. the point you made about contingency planning, how confident can the public be that these essential services, not least in hospitals and prisons, will be maintained without problem ? in hospitals and prisons, will be maintained without problem? the underlying assurance the minister made earlier today that coming to work we have important work to do and you will be paid is the most important assurance that is made. those extra payments may not indeed finish up with the taxpayer at all because, of course, very often

the firm had government contracts across school catering, hsz, the nhs and prisons, and its demise has own employees and many more who work for it indirectly facing a worrying future. carillion itself employs almost 20,000 workers in the uk. the company has a50 government contracts — a massive portfolio. it sub—contracted thousands of small firms to do some of that work. carillion‘s demise has raised questions for government about the way public sector projects are handed out to private sector businesses. here's our business editor, simonjack. this bypass near aberdeen is in scotla nd this bypass near aberdeen is in scotland was my biggest construction project with a price tag of £730 million. here is another, around lincoln, the cost 100 million. just two contracts, lynn has been awarded throughout the uk, but it did a lot more than buildings. through contracts more than buildings. through co ntra cts to more than buildings. through contracts to manage schools, prisons and hospitals, it touched the lives of millions. today the government said it would not support the company with publ

giving with one hand and taking it with the other, and i'm referring to the root of h52, —— the root of hszorest? year is what some ambitious planting can do. this is the national forest in the midlands. begunin the national forest in the midlands. begun in the 1990s, now to lighting local people. what a good idea. yes, now, if you are doing dry january, what a good idea. yes, now, if you are doing dryjanuary, this is a few months down the line so it will be all right. pub opening hours could be extended for the wedding of meghan markle and prince harry. the wedding falls on the same day as the english and scottish fa cup finals, saturday may the 19th. licensing hours were previously extended for the wedding of the duke and duchess of cambridge in 2011. and for the queen's 90th birthday in pretty 16. we all like a good excuse for a party. if you think it's chilly where you are this morning, spare a thought for people in parts of the us and canada who are currently experiencing temperatures as low as minus 29 degrees celsius. it's really affected the way people live there. let's speak to pet

|j build hsz, the high—speed railway between london and the north.chelsea last night and that was the video assistant referee. but the other interesting thing was that arsene wenger is serving a touchline ban. he had to sit watching from the press box, surrounded by the journalists that he rather tongue—in—cheek refers to as "specialists" on the game. antonio conte got to shout at his players from the touchline. a really incredible summary, really. serena williams is on the cover of vogue magazine this month with her daughter, olympia. the mail have takena big daughter, olympia. the mail have taken a big section of out and reported on that interview. —— the mail. what she went through to get back on court three months after giving birth, she had an emergency caesarean, and all kinds of compensations, she had blood clots on her lungs. she has given a full and frank interview about what it is like to be a first—time mother. lots of people identify with the emotions she is talking about was the sometimes she gets really down and she feels that she can't

totally, because what managed decline behind the scenes, we have big high profile projects, crossrail, hszs in budget form management, and maintenance is enormous. it is not true. we are subsidising railways by 3.2 billion a year, where people that take profit out of it, they ta ke that take profit out of it, they take it from the top. do you accept that the railways need modernising? yes, they need real investment. the yea rs of yes, they need real investment. the years of duplication caused by privatisation between 26 and 32 undertakings at any one time, of enforcing the wheels and steel is causing a massive amount of investment to be wasted. when we have nationalised railways, it was underfunded. the railway was not very good, frankly. they did an awful lot with very little money, which shows it can be done. it shows that the best value for money is in a nationalised industry where everything is under direct control. you want re—nationalisation. frankly, that isn't going to happen under this government anyway. it will happen under the next government, but not this government. if we are

for example, the hsz on by other companies. for example, the hs2 project. but we do not know what the cost will be to the taxpayer. chris grayling, the tramp of secretary, will be in front of a select committee today explaining why the government did not do much about it. the prime minister says she wants to clamp down on anyone lying in these situations like bosses and companies. and pensions are important to many of them. many people have asked about pensions. carillion have 27,000 people receiving a pension or are set to receive one. it is rejected by the pension fund, which is good news. people will still get them. there is a lot of money in it. it is designed to help people when a company goes bust. there are £34 billion of assets in this fund. there is enough money. if you are already retired, you will get the full amount. what is more tricky is if you have not retired yet, you will get 90%. you will lose basically 10% of it. but, yeah, people were worried about that, but it is much better news for pensioners. many people are getting in contact to be

i'll be looking at what it means for the 20,000 uk workers and projects like hsz.ood morning, it's monday 15th january. also this morning — under pressure — ukip leader, henry bolton, faces calls to quit, after his girlfriend made racist remarks about prince harry's fiancee. inside the world's largest refugee camp in bangladesh, where hundreds of thousands of rohingya refugees have fled violence in myanmar. in sport — its giggs for wales. the manchester united legend will be named the new national coach later — replacing chris coleman. and carol has the weather. good morning from outside the bbc here in london. i will tell you why you're a here as a go through the morning but in the weather, while we have a band of heavy rain and strong winds, behind it, we have lost three showers, some of which will be wintry in the hills in the north. —— blustery. crucial talks are due to take place between creditors and government officials later in an attempt to save one of britain's biggest construction —— construction firms. karelian is involved in hs2 construction —— constru

trying to reach an agreement with creditors, is a key government contractor for projects including hsz. the actor mark wahlberg's donated his 1.5 million dollarfee for reshooting scenes in all the money in the world to the time's up initiative helping sexual harassment victims. it follows an outcry after it emerged his co—star michelle williams earned nothing for the extra scenes. let's have a look at the front pages of the morning's newspapers: the sunday times reports that the new justice secretary is preparing to intervene to halt the release of the so—called ‘black cab rapist‘, john worboys. the sunday telegraph has an interview with the new conservative party chairman — he tells the paper he wants to galvanise the party's digital campaigning. the observer reports claims by nigel farage that pro—europeans could overturn the result of the brexit referendum — and that the leave side has ‘stopped fighting.‘ and the sunday express claims economists are warning the eu that failing to reach a brexit deal with britain could cost it 500 billion pounds. now on bbc news, it‘s the travel show