CBI responds to parliamentary report on Carillion

The CBI has issued a statement following the publication of the Work and Pensions and BEIS Committees’ report on Carillion.

Josh Hardie, CBI Deputy Director-General, said:

“The language of the report suggests committee members think business in general is greedy and reckless. This is irresponsible and wholly inaccurate.

“Carillion was a painful lesson for business and government on the dangers of short-termism in public service contracts. This failure should act as a catalyst for a level-headed discussion about how the public and private sectors work together to deliver value to society, as they so often do.

“200,000 organisations play a vital role in delivering public services, providing much-needed innovation and investment - whether through building new classrooms or transforming frontline public services - often in very challenging circumstances.

“Knee-jerk soundbites on Carillon risk locking out innovation and investment at a time when it’s needed most.”