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RBS Chairman: Carillion's last-minute business plan had "no prospect of success"

Posted

January 15, 2018

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The Chairman of RBS Sir Howard Davies has told Sky's Ian King that the business plan put forward by Carillion ahead of its collapse "had no prospect of success." As a result, the bank, which had made significant loans to Carillion, was not prepared to step in and provide extra credit.

Guests & Subjects Covered

RBS ChairmanThe ChairmanRBS Sir Howard DaviesSky's Ian King

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RBS Chairman: Carillion's last-minute business plan had "no prospect of success" · Sky News · Sentinel