Interserve expected to enter administration

Soldato
Joined
4 Feb 2003
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6,134
Location
Birmingham
It was the Shareholders vote today on Interserve's rescue plan which has been rejected. This means that they are expected to enter administration by the end of the day.

This is massive and a risk to many services and functions important to National infrastructure and couldn't come at a worse time for the Government with it being whole heartedly distracted by the Brexit process. Add to that the risk to the 45,000 jobs of the people they employ it could well be a bigger disaster in the making.

https://www.bbc.co.uk/news/business-47582406
 
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