Interserve says firm’s financial mess now hampering efforts to win work as its refinancing bill hits £90m

By Dave Rogers2019-02-27T12:13:00

Firm racks up £111m pre-tax loss as full extent of eye-watering costs on restructuring plan revealed

Interserve has publicly admitted that its ongoing financial mess is now affecting its ability to win work with the firm counting the cost of another year of thumping losses.

The firm stayed firmly in the red for the third successive year racking up an £111m pre-tax loss in the 12 months to December 2018.

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