Interserve administration: do main contractors need rescuing from themselves?

By Chloë McCulloch2019-03-20T07:52:00

Interserve continues for now, while Andrew Davies takes the helm at Kier

Say what you like about main contractors – and there’s no scarcity of detractors who do – but they are certainly not dull at the moment. In fact, they are proving so interesting they are hitting the headlines of the national papers with increasing regularity – but for all the wrong reasons.

Interserve took us to the edge of our seats in a nail-biting shareholder vote over its future last Friday. Our reporter witnessed the surreal scenes at the extraordinary general meeting – a half-empty room with seemingly more journalists than actual shareholders.

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