[Carillion could crash into administration
as soon as Monday
if the Government
does not back a rescue plan,
Government officials and regulators
met on Friday to discuss how to
safeguard the interests of more
than 28,000 pension scheme members
who could face cuts to retirement
payments if Carillion does not survive.
Senior civil servants from the
Cabinet Office attended an emergency
summit that included representatives
from The Pensions Regulator (TPR),
Pension Protection Fund (PPF),
Carillion's pension trustees and
an assortment of City advisers.]
This has been on all news.
https://news.sky.com/story/carillion...-plan-11205705