Investors lose £279m on Carillion’s West Midlands hospital project

Investors lose £279m on Carillion’s West Midlands hospital project

Private sector investors and shareholders have lost at least £279 million on the construction of a West Midlands hospital following the collapse of Carillion two years ago.

A new report published by the National Audit Office (NAO) also says the cost to the taxpayer of finishing the Midland Metropolitan Hospital has increased by three per cent as the project’s budget has spiralled by more than…

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