Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what assessment they have made of Carillion's financial liabilities, including retentions, to its supply chain and other creditors at the time of its collapse; and when they plan to make the final figures for such liabilities available.

The Official Receiver, liquidator of the Carillion group companies, confirms that the total liabilities of the group recorded at the time of the winding-up order in January 2018 was £5.9 billion, of which £1.7 billion was due to trade creditors. No separate figure for retentions is available. Claims from creditors totalling some £7 billion have been received but some debts are due on a joint and several basis and recorded in more than one liquidation.

The Official Receiver first reported information relating to liabilities to the companies’ creditors in 2018, as required under the provisions of the Insolvency Act 1986, and has provided further updates to the creditors in the course of the liquidation. Further reports will be issued in the event of any significant developments in the liquidation.