#carillion — Public Fediverse posts

Five former Carillion executives banned by accountancy regulator https://www.theguardian.com/business/2026/may/12/carillion-finance-directors-banned-frc #Carillion #ConstructionIndustry #Accountancy #Business #UkNews

@AnjaWeinberger
Von ihm haben wir einen tolle Kanon 😍:

Wer sich die Musik erkiest
hat ein himmlisch Gut gewonnen,
denn ihr erster Ursprung
ist von dem Himmel her gekommen,
weil die lieben Engelein
selber Musikanten sein ...

Aus der Erinnerung vom Schulunterricht ... 😊

Wurde in seiner Geburtsstadt #Hanau beim #Carillion im Turm vom Neustädter Rathaus am Marktplatz einprogrammiert und erklingt dort noch heute. https://www.hessenmagazin.de/news-ticker/1-aktuelles/1302-klingende-glocken-musik-vom-turm
#PaulHindemith #Komponist #Musiker #KlassischeMusik #Moderne

Hoover Tower, Stanford University, California Built in 1941 it houses a 48 bell carillon. THere are just over 700 carillions in the world #carillion #photgraphy #architecture #stanford #stanforduniversity #photography

Disgraced ex-#Carillion boss lands senior US role months after UK boardroom ban -
The disgraced executive who led Carillion before the construction company’s collapse has landed a senior role at a technology firm in Florida, only months after he was banned from being a company director in the UK.
https://www.theguardian.com/business/2024/jan/19/disgraced-ex-carillion-boss-senior-us-role-uk-boardroom-ban-richard-howson?CMP=Share_AndroidApp_Other

in 2018 #Carillion collapsed spring the #Tories to commit t a major overhaul of the UK's #corporategovernance.

Five years on:

The proposal to strengthen the explicit responsibility requirement on directors has not happened.

The under-performing & weary run Financial Reporting Council remains un-reformed.

And the #Audit sector (subject of widening criticism) also remains largely untouched.

So, just more #Tory declaration #politics with no actual action; Why's that? you might ask

h/t FT

More regulation of #business has been dropped (at the behest of the #financialservices sector).

Responding to the #Carillion collapse, rules that would have required #businesses to make an annual statement on how they were ensuring their resilience, and would also have required disclosures on their distributable profits, risk of material fraud & whether disclosures on environmental & other metrics were independently audited, have been dropped, three months after being proposed to Parliament!.

In the 6 years since the #Carillion collapse, while there has been some improvement in regulatory activity around #auditing by the Financial Reporting Authority, its legislative position remains weak, as do its available sanctions against bad practice.

But as Helen Thomas (FT) reminds us the 2018 report into the Carillion which recommend changes & improvement to the regulatory regime, was from a committee chaired by #RachelReeves;

She might actually be in a position to do something, soon?