DEBT-RIDDEN PRICE-FIXING. COLLAPSE! Failed Contractor Passed ABM Finance Check. For years Connaught has been one of the largest private contractors – fixing prices and feeding off lucrative contracts for public services. Now the Social Housing division has gone belly-up exposing service users to anxiety, delay and disruption as councils run around trying to salvage something from the wreckage.
The bizarre Edinburgh connection is that the while the Social Housing division was falling apart, Connaught were bidding for ABM privatisation work – and they passed the finance health check!