Interserve's share price tanks on back of Derby waste woe

By Will Ing2018-11-13T14:14:00

Share price shredded in Monday and Tuesday trading

Worries that Interserve could be facing more losses on another botched energy-from-waste scheme have sent its stock plummeting 30% since Friday.

The slide pushed Interserve’s share price to a 34-year low and has been sparked by waste-management firm Renewi, which is in a 50:50 JV with the embattled contractor to deliver an energy from waste firm in Derby.

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