Great news – Interserve isn’t another Carillion (yet)

By Dave Rogers2019-03-20T06:00:00

The collapse into administration is bad news for shareholders but at least it isn’t sunk

Now the fighting between the firm and its biggest shareholder has stopped, Interserve will be hoping for a spell out of the City pages and the spotlight falls elsewhere.

While Interserve’s collapse into administration doesn’t quite have the feel of the corporate disaster that was Carillion, it is, nonetheless, an ignominious end for a firm which has roots stretching back to the 1880s.

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