Interserve

Interserve CEO Debbie White Construction and services firm Interserve has said that its recovery plan is “on track” as it reported a £6 million loss.

Nicholas Pollard Interserve has announced the appointment of Nicholas Pollard as an independent non-executive director and member of the audit committee of its Board.

The Glasgow Recycling and Renewable Energy Centre at Polmadie The UK financial markets watchdog has opened an investigation into Interserve regarding market disclosures connected to the outsourcing and construction company’s energy from waste business.

Interserve CEO Debbie White Support services and construction firm Interserve has reported a £244 million loss after a full contracts review saw a further wave of write-downs.

The Glasgow Recycling and Renewable Energy Centre at Polmadie The developer of an energy from waste plant in Glasgow said it has been hit by higher-than-anticipated costs for the facility’s construction after having to replace Interserve as the main contractor.

Interserve CEO Debbie White Interserve has been granted another month to secure a refinancing deal with an agreement in principle on major commercial terms now reached.

Interserve has a £10m, five year contract to assemble and dissemble the Royal Edinburgh Military Tattoo grandstand Interserve has begun a formal redundancy consultation after confirming plans to shut down its specialist power contracting business.

A proposed £60m teaching and learning hub Four contractors have been chosen by the University of Strathclyde for its Framework for Major Building Construction to support the delivery of its ongoing Capital Investment Plan for construction work exceeding £4 million.

Andy McDonald Interserve has announced that Andy McDonald will join the business as general counsel and company secretary in spring 2018.

Shares in the construction and services firm Interserve fell this morning amid reports that its financial health is under special scrutiny from the UK Cabinet Office. Stock was down as much as 15% in early trading on the London Stock Exchange after the Financial Times said a small team had been put

Interserve CEO Debbie White Interserve’s ‘Fit for Growth’ turnaround programme is paying dividends as the firm said it expects that its 2018 operating profit will be ahead of current market expectations.

Interserve CEO Debbie White Construction and support services firm Interserve has secured additional short-term funding to ease off its immediate financial troubles.

Sally Cabrini Interserve has appointed United Utilities director Sally Cabrini to help restructure the business and reverse its fortunes.

Bruce Melizan Interserve support services chief, Bruce Melizan, has stepped down from the Board after 14 years at the firm.

Interserve is preparing to cut around 200 jobs across its UK operations as part of a wider cost-saving drive, according to reports. Shares in the construction and services firm fell 38% last month after it warned operating profits in the second half would be around half that reported a year ago amid