BUSINESS

Interserve loses £34m

Support services firm Interserve has announced £34m losses in the first half of this year after a costly exit from the energy-from-waste sector.

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By Heather Jameson | 17 August 2016

Support services firm Interserve has announced £34m losses in the first half of this year after a costly exit from the energy-from-waste sector.

The firm announced a £70m one-off charge in May to sever an energy-from-waste contract in Glasgow which had been dogged by difficulties.

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Heather Jameson

Popular articles by Heather Jameson

  1. Children's social care reform must be more than money
  2. Finance chief exits cash-strapped council
  3. Chief rejects calls for resignation
  4. Is this the big bang revolution for public services?
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