I’m not surprised by Carillion’s failure – companies like this shouldn’t exist | Simon Jenkins

The company was too big and too reliant on state contracts to be a true private entity. Government and Whitehall share the blame for its collapse

No one ever lost money doing business with the government: it was too stupid and had too much money. So went the old saying. Carillion has just proved it wrong. Britain’s second biggest construction company and state contractor has gone into liquidation. Accountants must reallocate to other firms the billions of pounds in contracts for prisons, schoo...