Remember our old friend the Supply Chain Finance Scheme? Well, in the past couple of weeks, it's been making headlines once again - this time thanks to Carillion, the facilities management and construction services company.
The collapse of construction giant Carillion could spell havoc for the UK’s small business economy, the country’s SME trade body has warned.
The massive building services conglomerate has been forced into liquidation with debts in excess of £2bn, putting 20,000 jobs at risk. As a major government contractor, there are immediate concerns over infrastructure and maintenance projects covering schools, hospitals and transport.