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Carillion ‘trying to wriggle out’ of pension payments – despite big pay packets for bosses

Carillion collapsed earlier this month (Picture: AFP/Getty Images)

Carillion has been accused of trying to ‘wriggle out’ of its obligations to pensioners – despite paying out tens of millions in dividends for shareholders, and providing ‘handsome pay packets’ for bosses.

The collapsed firm has been heavily criticised by the Commons Work and Pensions Committee over a letter from Robin Ellison, chairman of trustees of Carillion’s pension scheme.

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Carillion’s liquidation left behind a £900million debt pile, a £590million pension deficit reported by the firm, and hundreds of millions of pounds in… Read the full story