'Total failure of a political ideology': SNP MP blasts outsourcing industry at #SNP18 fringe
Stephens, who sat on the UK Parliamentary Carillion Inquiry, also called for the break-up of the ‘big four’ auditors
GLASGOW SOUTH WEST SNP MP Chris Stephens told a fringe event at SNP annual conference that the outsourcing industry should disappear altogether, arguing that he has “never seen anything that was outsourced that’s led to a better service”.
The fringe event, hosted by the Local Authority Pension Fund Forum, on Monday [9 October] evening, looked at “why companies fail?” in the context of the collapse of outsourcing giant Carillion in January.
Scottish Lib Dems vote to end PFI/PPP infrastructure contracts - reversing policy from time in coalition govt
The Scottish Liberal Democrats open their conference in Dunfermline by passing policy for all PFI/PPP projects to be cancelled – they were in office from 1999-2007 with Scottish Labour when all Scottish PFI projects were signed
SCOTTISH LIBERAL Democrat activists have voted in favour of ending PFI/PP contracts for the building of schools, hospitals and other public infrastructure in Scotland.
Outsourcing firms as inefficient as Soviet state-owned enterprises but more unstable, academic finds
Professor Abby Innes found that the debt which led to the collapse of Carillion is built into the business model of big outsourcing firms, which received 73 per cent of all procurement contracts last year
AN ACADEMIC at the London School of Economics has published a paper which finds that Carillion-type outsourcing firms in the UK have a lot of the same inefficiencies as old state-owned enterprises in the Soviet Union, but are more unstable due to their financial model being based on Ponzi scheme-like debts.
Revealed: Carillion collapse hits taxpayer for £148m, as coalition pushes for Scottish public infrastructure company
The SNP sudent wing has redoubled their calls for SNP members to back a national infastructure company after it was revealed the collapse of outsourcing firm Carillion would cost the taxpayer £148mn.
THE COLLAPSE of private finance giant Carillion is expected to cost the UK taxpayer some £148m according to a new report by the National Audit Office [NAO], leading for fresh calls for SNP members to back a publicly owned national infastructure company at their conference in Aberdeen this weekend.
Experts call on Scottish Govt to take action over big four accountancy firms after damning UK Parliament Carillion report
Christine Cooper and Richard Murphy both argue that the big four accountancy firms had proved themselves unreliable in signing off corporate balance sheets in a way that accurately assesses risk
ACCOUNTANCY experts have told CommonSpace that the Scottish Government should act on the findings of a new UK Parliamentary Committee report which called for the break up of the big four accountancy firms in light of its failures in the collapse of project management firm Carillion in January.
No more Carillions: how a new national company could lay groundwork for independence
A grassroots SNP campaign has called for an end to the involvement of companies like Carillion in public infrastructure projects
A GRASSROOTS campaign chaired by two former SNP MPs has launched to win party support for a Scottish National Infrastructure Company (SNIC) to replace private companies like Carillion in managing public contracts.
The group will campaign internally for a state-owned infrastructure company which would manage public contracts and remove the need for private financing in building projects such as schools and hospitals.
Robin McAlpine: When accountants start time travelling, it's time for a new system
CommonSpace columnist and Common Weal director Robin McAlpine says it’s time to get the Big Four out of public policy making
YOU KNOW in every TV series you've ever seen about organised crime – from the Godfather to the Wire – there's always a lawyer, banker or accountant who enables the whole criminal operation but is clever enough to always be at arms length?
Carillion collapse: Is there a public alternative in Scotland?
Ben Wray, Common Weal head of policy, proposes a public-public partnership model in Scotland to replace the private greed and negligence of Carillion and its ilk
THE fallout from the Carillion collapse has only just begun. The immediate necessity is to ensure that wages and pensions are provided for those Carillion workers who don’t make it up the negligent top brass, and that infrastructure projects and privatised services are either taken in-house or new contractors are found quickly.
Explainer: What you need to know about Carillion
Dominating the headlines, industry giant Carillion has announced it will be going into liquidation
CUTTING THROUGH THE CORPORATE JARGON of a confusing company, Commonspace has found out what you need to know and why it is so important.
What is Carillion, and what does it do?
Branding itself as the “leading integrated support services business”, Carillion is a contractor which manages large-scale projects, such as building hospitals, on behalf of the public and private sector.