Senior employees at Carillion’s liquidator PwC earned an average hourly rate of up to £1,156 for their services, it has emerged.
A letter from PwC to the joint chairs of the Carillion Joint Inquiry, the MPs Rachel Reeves and Frank Field, has been published confirming that the company charged a total of £20.4m for the first eight weeks of Carillion’s liquidation.
The company said it represented 57,500 hours of work at a rate of £356 per hour and that it discussed its costs weekly with the Official Receiver.
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