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KPMG settles Carillion collapse claim

Big Four auditor puts an end to legal claim with confidential settlement

KPMG audited outsourcer Carillion before its 2018 collapse, but allegedly failed to spot 'red flags' it was in financial trouble
KPMG audited outsourcer Carillion before its 2018 collapse, but allegedly failed to spot 'red flags' it was in financial trouble Photo: Mike Kemp/Getty Images

KPMG has settled a claim brought against it by the liquidators of collapsed outsourcing company Carillion.

Carillion went bust in 2018, despite having received a clean bill of health from KPMG, which was its auditor.

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