Crash of Outsourcing Giant with 70,000 Employees Globally Sparks New Panic by Don Quijones • Feb 2, 2018 • 51 Comments “Not another Carillion,” says UK government to soothe frazzled nerves, as entire industry is teetering.
The Public Is Becoming Restive over Britain’s Privatized Utilities by Leonard Hyman and Willian Tilles • Jan 28, 2018 • 47 Comments Even the Financial Times throws in the towel.
Fallout from Carillion Collapse Hits KPMG by Don Quijones • Jan 27, 2018 • 44 Comments Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace.”
In Brexit Tug-of-War, EU Aims at City of London’s Tax-Haven Empire by Don Quijones • Jan 17, 2018 • 14 Comments But the EU keeps tripping over its own tax havens.
Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem by Don Quijones • Jan 15, 2018 • 60 Comments “The company that runs Britain”: profits were privatized, costs will be socialized.
Global Banks, City of London Raise “Disorderly Brexit” Alarm by Don Quijones • Nov 11, 2017 • 34 Comments Shifting trillions of euros of derivatives positions could be hugely disruptive.
Wheezing Consumers & Slowing Economy, No Problem: UK Inflation Jumps Most in 5+ Years. Rate Hike Due in November by Wolf Richter • Oct 17, 2017 • 45 Comments The Fed leads, other central banks follow.
Next Brick to Drop on UK Economy: Housing Bubble Deflates by Don Quijones • Aug 25, 2017 • 41 Comments London home prices are already tanking, as demand sags.
Support for Hard Brexit in the UK Hardens by Don Quijones • Aug 16, 2017 • 57 Comments “Significant economic damage” is a “price worth paying.” Businesses are not so sure.
Blowback Begins for Companies in UK Ground Rents Scandal by Don Quijones • Aug 6, 2017 • 20 Comments “Why did no executive at the company say, ‘This will come back to haunt us’?”