HANSOM IT'S ALL IN THE TIMING

摘要

I was struck by the tone Carillion's former finance director Richard Adam took in the wake of last week's parliamentary report into the firm's collapse. He felt it necessary - just for the record -to point out he had left it "over a year before Carillion went into insolvency" in December 2016. Seven months later the firm made a writedown of £845m - so around £140m a month between January last year and 10 July, the day of the writedown. Just for the record, the MPs' report said about Adam: "His voluntary departure at the end of 2016 and subsequent sale of all his shares were the actions of a man who knew where the company was heading."