Today aged 46. In your head zombie good evening. Should the government be giving a company thats issued three profit warnings millions and millions of pounds worth of further contracts . The question sadly, is a rhetorical one. Shortly after dawn this morning, carillion declared itself bust. It had racked up debts of more than £900 million, and a pension deficit of nearly £600 million. And even though the first warning came injuly, the second in september and the third just two months ago, back in november, the government continued to ply them with work. Is it enthusiasm for the Public Private ideology, or incompetence that the financial ill health of such a huge company had been so badly misread . Carillion started out as the construction arm of tarmac in 1999. Since then it has built a lot. Gchq in cheltenham. High speed one and heathrow terminal five for example. But it also provides services managing 200 operating theatres and 11,800 beds for the nhs for example. 0r providing cle