The true cost of the Carillion wreckage
“We’re not doing a very good job of selling the private sector, are we?” So said an old friend of mine, among the Conservative party’s most senior advisors, as we discussed my upcoming Channel 4 Dispatches documentary on Carillion. Back in January, Jeremy Corbyn declared the implosion of the UK’s second-largest construction firm “a watershed moment” – and, in some ways, he was right. I don’t accept Carillion’s demise seven months ago means private companies should be kept away from providing public services, as the Labour leader has argued, or that Britain now needs wide-ranging nationalisation. The state already employs a fifth of the workforce, accounting for over two-fifths of GDP