Having read the reports and articles surrounding the collapse I have to wonder just how much the government were really involved. Reports that RBS ( which is majority owned by the government since its own bail out ) wanted Carillion to pre-fund suppliers payments - another bank Santander wrote and emailed other suppliers to say that all payments with Carillion have been stopped.
The question I have is this - if the government knew Carillion was struggling ( and all evidence points to them knowing months if not years ago that they were not in a good financial situation ) then why did they keep awarding them billions of pounds in contracts ?