Carillion: Death of a Frankenstein
It’s hard to overstate the importance of a company called Carillion to the British government and the British economy. Well, it collapsed today.
Like its cannibalised name, Carillion is a corporation made up of the caracasses of other corporations. It was stitched together in 1999 to take advantage of the then-Labour government’s crush on the private sector.
Carillion was hived off as a “service” arm from a much older construction company called Tarmac, created in 1903. This is how it describes itself on its website.
“Carillion is a leading integrated support services business. We employ around 43,000 people and operate in the UK, Canada and Middle East. We have annual revenues of more than £5bn.”
For example, Carillion would find the finance to build a school, build it, clean and maintain the site and provide the school meals. Just one contract like that is worth a lot of money: Carillion had loads. Carillion runs about half the prisons in this country, for example. So Carillion may have started as an umbrella for construction companies but it’s ended up providing all kinds of other services — like cleaning and catering.
So if this company goes under, thousands of jobs (9,200 people are directly employed but that’s not including subcontractors) will go in this country and around the world. In Oxfordshire, school meals are delivered by this company. That’s not to mention the £520m hole in the pension fund.
It all seems about right for the week when the Moon is helping Saturn to deal a nice hard reality thump. Saturn, Pluto and Capricorn are all about Big Business — and what could be more Saturnian than a construction company — except, of course, this one lost the idea of what it was and became one of those “anything for a profit” companies.
The company was incorporated on May 28, 1999 under the name Cameron 1999 plc but changed its name on June 11, 1999 to Carillion. The usual procedure for companies is to set a chart for noon on the day of incorporation, but I am tempted by the naming day, Virgo Rising seems right for a service-based company.
Here is some astrology in action though. Mars was retrograde on May 28, but direct by June 11, when the company really got down to business. That Mars is, of course, crucial for today, since it’s the planet most affected by transiting Uranus (surprise! shock! kablam!) at 24° Aries.
You have to admit there is a certain beauty to the chart set for the time that Carillion’s liquidation was announced on the BBC’s flagship Today Programme. Saturn is rising. Moon and Mercury are conjunct — news travels fast, and as the Moon reaches all those other planets over the next few days, we’ll see the repercussions from this announcement.
Here are some points to look at
The upcoming eclipse on January 31 is on 11° Leo just by Carillion’s North Node.
A change of destiny — or the end of a good run. There’s the solar eclipse on February 15 at 26° Aquarius too.
Neptune is sitting on the Descendant.
Flaky partnerships unravelling.
Partnerships are what Carillion is all about.
Saturn, Moon, Mercury and wild card Lilith oppose Carillion’s Mercury in Cancer.
Pluto is coming up to a quincunx to the Sun.
This can be quite a violent aspect.
Oh and the Frankensteinishness? Uranus conjunct the South Node square the Taurus Moon-Saturn (good for a construction firm).