Government issues update for former Carillion employees and creditors

The UK government has published an update to the official guidance for employees, apprentices, subcontractors, suppliers, creditors and shareholders affected by the liquidation of construction giant Carillion Carillion, one of the UK’s largest construction and facilities management firms, went into compulsory liquidation on 15 January 2018, leaving thousands of workers and businesses uncertain about their…

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Auto Parts Maker First Brands Mulls Bankruptcy

(SeongJoon Cho/Bloomberg) September 22, 2025 3:57 PM, EDT [Stay on top of transportation news: Get TTNews in your inbox.] First Brands Group, the auto parts maker facing a growing wave of doubts about its finances and earnings statements, is discussing options with its creditors for restructuring its $6 billion debt load that include a possible…