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Carillion scrambles to stay afloat

Carillion, the troubled services and construction group, will reveal a new business plan this week in a bid to avoid collapse.
The company, one of the government's biggest contractors, has issued a series of profit warnings in recent months.
The turmoil has sent its shares tumbling by 90% since July.
The HS2 contractor said it was in discussions about ways of reducing debt and obtaining new funding.
A business plan due to be presented to creditors and other stakeholders on Wednesday will form the basis of a "proposal to restore Carillion's balance sheet", a spokesperson said.
The company employs about 43,000 people worldwide and provides services to half the UK's prisons, as well as hundreds of hospitals and schools.
http://www.bbc.co.uk/news/business-42595874
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