PwC defends charging €23million for eight weeks work on Carillion liquidation

PwC has raked in over £20million (€23m) for its role in winding down failed outsourcer Carillion, with the British accountancy giant set to pocket even more cash as the process drags on.

The professional services firm said the costs accounted for its first eight weeks of work following Carillion's collapse in January, when it had been drafted in with just 12 hours notice.