Carillion Forgot They Were A Private NOT Public Company

Yesterday @CommonsPAC and @CommonsPACAC questioned #Carillion directors. Chairs @Meg_HillierMP & @bernardjenkin asked about the expectation of Government support. pic.twitter.com/nyjwBJZ4Zy

— Public Accounts Comm (@CommonsPAC) February 28, 2018

Toys Rn't Us

Toys R Us has gone into administration, putting 3,000 UK jobs at risk.

Moorfields has been appointed to begin "an orderly wind-down" of the UK's biggest toy retailer.

The corporate recovery specialist said that all stores would remain open until further notice.

Carillion's Delusion Continues Even Now!

Philip Green: We believed, at the time, that the strategy of the company was the right strategy. #Carillion pic.twitter.com/rtLC32yViZ

— Public Accounts Comm (@CommonsPAC) February 27, 2018

Latvia Is In The Financial Shit

Latvia called emergency meeting of financial authorities this Monday

in attempt to limit fallout from forced collapse of its third-biggest bank

ABLV, facing allegations from the US of helping North Korea’s missile programme https://t.co/yZ9C4Y5vhJ

— Jean-Michel Glachant (@JMGlachant) February 26, 2018

UST Charges ECB Supervised Bank With Money Laundering

An ECB-supervised (repeat, ECB-supervised) Latvian bank is charged in the US with money laundering, the country's central bank governor is detained and now a moratorium is imposed on the bank. https://t.co/Fv7ImojJs5

— Patricia Kowsmann (@kowsmann) February 19, 2018

Latvia's financial system is about to implode, and the ECB will be in the shit.

UST Pulls Rug Out From Under ABLV

Latvia’s government was meeting in emergency session on Monday after one of the Baltic country’s biggest banks reeled under accusations of busting sanctions on North Korea and the central bank governor was detained by the anti-corruption agency. https://t.co/OuB4oZIiKO pic.twitter.com/mGhDaMKj3E

— Russian Market (@russian_market) February 19, 2018

Inflation Steady at 3%, or 2.7%, Depending On Your Preference

As per the ONS:

• The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.7% in January 2018, unchanged from December 2017.
• The largest downward contribution to change in the rate came from prices for motor fuels, which rose by less than they did a year ago.
• The main upward effect came from prices for a range of recreational and cultural goods and services, in particular, admissions to attractions such as zoos and gardens, for which prices fell by less than they did a year ago.
• The Consumer Prices Index (CPI) 12-month rate was 3.0% in January 2018, unchanged from December 2017.
• From April 2018, publication of these figures will move from Tuesday to Wednesday; the new release dates are available.

Don't Panic, The Government Says Crapita Is Fine

Oliver Dowden, Cabinet Office minister: "We do not believe Capita is in any way in a comparable position to Carillion."

— Jim Pickard (@PickardJE) February 1, 2018