LONDON: The British government held an emergency meeting of ministers on Monday evening over the implosion of construction-to-catering group Carillion, as criticism grows of its handling of the giant firm’s demise.

Carillion, which has a variety of private and public service contracts in britain and employs 43,000 staff worldwide, announced its immediate liquidation Monday after the heavily-indebted company failed to secure a last-ditch financial rescue from the government and banks.

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