21-12-2018 12:19 via theguardian.com

Interserve reveals plan to improve finances

Government insists contractor is not in same situation as CarillionGovernment contractor Interserve has unveiled a plan to strengthen its finances and quell anxiety that it could become the next Carillion, a day after construction group Kier completed a fundraising with the same aim.The two companies have become the focus of concern about their debt levels after the high-profile collapse of Carillion led investors and analysts to look for potential weaknesses in other large firms in the construc
Read more »