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

Children’s Social Worker

Cheshire East Council
£39,000 - £41,771 per annum
As a Children's Social Worker, you'll work directly with children, families and partner agencies to safeguard children, promote their wellbeing Cheshire
Recuriter: Cheshire East Council

School Crossing Patrol

North Yorkshire Council
£13.28 - £13.92 per hour
Duty times
Recuriter: North Yorkshire Council

Travel Trainer (Ealing)

Essex County Council
£25959.0000 - £28621.0000 per annum
Travel Trainer (Ealing)Permanent, Full Time£25,959 up to £28,621 per annumLocation
Recuriter: Essex County Council

Loader

North Yorkshire Council
£25,614 - £26,847
To work as a team to ensure services are completed and responsive to external factors – breakdowns, blockages etc. Skipton, North Yorkshire
Recuriter: North Yorkshire Council

Natural Health Engagement Officer

North Yorkshire Council
£29,064 - £31,537 per annum, pro rata
As Natural Health Engagement Officer, you will help deliver a range of health and wellbeing programmes that encourage people of all ages Pateley Bridge, Harrogate
Recuriter: North Yorkshire Council
Linkedin Banner