We may see more Carillion-style collapses and it’s because of this outdated financial model
Like companies the world over, Carillion used Black-Scholes to value securities – a highly risky piece of maths vulnerable to market crashes.
Tories
The leaked Brexit impact papers make the case for a second referendum stronger than ever
The official analysis shows Britain will be worse off under every Brexit outcome. Now the public know the facts, it would be fair to give them another vote.
Tory grassroots confidence in May hits new low as PM faces backbench and donor despair
The PM is lacks support at every level on the party. How much longer can this zombie government stagger on for?
Watch out: Labour just forced the Tories to reveal these potentially explosive outsourcing papers
These risk assessments could be the next major embarrassment for the government.
A ‘Minister for Loneliness’ won’t fix our broken society
Tory policies have fragmented society and left us all feeling isolated. Creating a ‘Minister for Loneliness’ now is too little too late
Trying to rebrand as green, the Tories are taking credit for EU policies they tried to block
The history of our EU membership is a story of governments claiming credit for EU achievements on the one hand, and blaming Brussels for their own failings on the other.
Carillion was in dire financial trouble. Why did the government keep awarding it contracts?
The Tories and the company’s auditors have massive questions to answer.
Ben Bradley’s comments on vasectomies are vile – and completely inline with Tory ideology
The MP was writing in support of the Tories child benefit cap, which aimed to punish those on welfare for having more than two children.
To avoid more collapses like Carillion, put workers on company boards
It’s board had no employees or other stakeholders on it, who might have raised red flags about the company’s activities.
The Tories are hiding where their action on plastic is coming from…
Michael Gove and Theresa May are claiming credit for extending the 5p charge on plastic bags, but it’s actually EU legislation – which the Tories opposed.