New Business Secretary Kwasi Kwarteng has launched legal action against eight former Carillion directors three years after the construction firm collapsed.
Carillion went bust in January 2018 after racking up heavy debts while working on largescale public projects. Those facing legal action are the former chairman, two chief executives, two finance directors and three non-executives.
If the action is successful it could see them banned from managing businesses between two and 15 years.
New Business Secretary Kwasi Kwarteng has launched legal action against eight former Carillion directors three years after the construction firm collapsed
The most high-profile names listed in court documents are Philip Green – Carillion chairman from May 2014 until its liquidation – and Richard Howson, chief executive from 2011 to 2017. Keith Cochrane, a company director who took over from Howson, was also named.
New Business Secretary Kwasi Kwarteng must get his skates on and make 2021 the year Government finally commits to building nuclear projects
Kwarteng has been urged to decide quickly – as the UK faces the threat of blackouts in the early 2030s
Ministers are mulling plans to allow EDF to build the Sizewell C power station in Suffolk, as well as a separate project to create a fleet of mini reactors
Plans to build a huge nuclear plant in north Wales are looking increasingly sketchy