Carillion steps up cost-cutting effort

Click to follow
The Independent Online

Carillion, the construction and support services group, is to slash its supplier base from 25,000 to just 5,000, in an effort to save £140m a year by 2013.

In the wake of government pressure on public sector suppliers to deliver savings, Carillion has already saved £42m through its Step Up efficiency programme and will transfer to an electronic invoicing system to save a further £86m next year. Carillion is one of the 34 "second tier" suppliers to central government to hold recent talks with the Cabinet Office.

Comments