The FCA fined Richard Howson, ex-CEO of Carillion plc, £237,700 for recklessly contributing to misleading announcements by failing to disclose serious financial issues in the UK construction business to the board, audit committee or market. As the board’s construction expert and one of two executive directors, he was knowingly involved in breaches of the Market Abuse Regulation and Listing Rules. He withdrew his challenge to the decision. For context, former finance directors Richard Adam and Zafar Khan were fined £232,800 and £138,900 respectively in January 2026.