UK government keeping close eye on services company Carillion - Conservative chairman

Reuters  |  LONDON 

(Reuters) - Britain's is keeping a close eye on building and services company and ministers hope its partners will find the working capital to ensure it remains a "going concern", the of the governing Conservatives said on Sunday.

Brandon told the BBC's show that the had all contingency plans in place for Carillion, which is on the brink of entering administration, according to some reports.

"We are keeping a very close eye on this, make sure there are all plans, contingency plans in place, but it is a going concern this and ... hopefully, they will be able to work with their partners to get the working capital they need to continue to provide important services," said.

(Reporting by Elizabeth Piper, editing by Louise Heavens)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 14 2018. 15:24 IST