William Eichler 15 February 2018

Outsourcer saves £20m after renegotiating Carillion healthcare deal

The outsourcing company Serco has negotiated a nearly £20m reduction in the price it will pay for Carillion’s NHS healthcare contracts.

On 13 December, the international service company agreed to pay £47.7m for Carillion’s health portfolio.

However, yesterday it announced it would only pay £29.7m after re-evaluating the ‘potential liabilities’.

Carillion, one of the country’s biggest construction and facilities management companies, went into liquidation in January.

In October, the Wolverhampton-based business announced a £1bn loss for the first half of financial year 2017/2018.

Carillion, which has scores of local government contracts, attempted to stay afloat by asking its key stakeholders to reduce debt and for short-term financial support. These proposals were rejected.

It was hoped the nearly £50m deal with Serco would help stave off complete collapse.

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker Fostering

Durham County Council
Grade 9 - £35,412 - £39,152 (pre-progression) / Grade 11 - £40,777 - £45,091 (post-progression)
Do you believe every child deserves to grow up surrounded by love, family, and a sense of belonging?   We’re on an exciting journey to expand our Conn Seaham
Recuriter: Durham County Council

Social Worker

Durham County Council
£35,412 - £39,152 (pre-progression) / £40,777 - £45,091 (post-progression)
Do you want to support parents to achieve meaningful and sustainable change and help more children to remain safely within their birth families?   We Durham
Recuriter: Durham County Council

Social Worker

Durham County Council
£35,412 - £39,152 (pre-progression) / £40,777 - £45,091 (post-progression)
Are you an experienced social worker who is passionate about working with vulnerable teenagers?   This is a fantastic opportunity to join our growing Durham
Recuriter: Durham County Council

Deputy Manager

Durham County Council
Grade 11 £40,777 - £45,091
Deputy Manager – Children’s Homes Service Salary
Recuriter: Durham County Council

Enhanced Teaching Assistant

Durham County Council
£26,403- £ 28,598 pro rata
Enhanced Teaching Assistant – 20 hours term time plus specified days. Monday - Friday 8.30am – 12.30pm Grade 5, £26,403 pro rata. Required 2nd June 20 Peterlee
Recuriter: Durham County Council
Linkedin Banner