Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Business
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
    • ICAS Talk
    • Warwick Business School
    • The University of Bath
    • AON
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • Schroders Talk
    • eToro Talk
    • IG Talk
    • M&A Talk
    • BCB Talk
  • Crypto A.M.
    • Crypto News
    • CoinCorner Talk
  • Opinion
    • Features
    • Letters
    • The City View
  • Jobs and Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • The Business Guide
    • Finance & Legal
  • Unwind
    • Unwind
    • Sport
    • Six Nations 2022
    • The Punter
    • The Punter Podcast
    • Culture
    • Life & Style
    • Sport Business
    • The Magazine
    • Travel
    • Discover Malta
    • Green Economy
    • The DiverCity Podcast
    • Aramco Team Series
    • Queen’s Award 2022
    • Health, Fitness, and Wellbeing
  • Charity
    • Giving
    • World’s biggest donors 2010 – 2021
  • Latest Paper
  • Jobs

Interserve

  • Mitie-Interserve deal to face competition probe

    The UK’s competition watchdog today announced that it was launching an investigation into whether Mitie’s acquisition of fellow outsourcing giant Interserve’s facilities management business could damage competition.  Back in June Mitie signed a £271m deal with its rival for the division, which will create a giant new entity with more than 80,000 employees. The move [...]

  • Interserve hit by cyber attack as hackers target hospital construction firms

    Interserve hit by cyber attack as hackers target hospital builders

    Outsourcing group Interserve has been left reeling from a cyber attack earlier this month as criminals target construction firms involved in the UK’s coronavirus response. Hackers broke into an HR database and stole details of current and former employees, the Telegraph reported, citing a company insider. It is not clear exactly what data was stolen, [...]

  • Interserve CEO Debbie White confirms exit plan

    Interserve chief executive Debbie White has announced she will step down at the end of the year after implementing a turnaround plan at the company. The outsourcer also revealed a new operating structure, separating the group into three business divisions – construction, equipment services and support services – which will each be led by a [...]

  • Interserve names former Seadrill finance chief as new CFO

    July 23, 2019

    Interserve has appointed former Rolls-Royce finance boss Mark Morris as its chief financial officer. Morris, who was previously finance boss at drilling contractor Seadrill, will join the outsourcer on 1 September.  Read more: Interserve losses narrow to £111m Last year, he helped the firm through a major restructuring to keep the driller afloat. Seadrill, once [...]

  • Interserve taps turnaround veteran Alan Lovell as new chairman

    July 11, 2019

    Interserve is set to tap industrial turnaround specialist Alan Lovell as its new chairman as the beleaguered outsourcer looks to reverse its fortunes. The appointment of Lovell, who was brought into Carillion just weeks before its collapse and has held a string of other high-profile roles over the last thirty years, will be unveiled tomorrow, [...]

  • Interserve chairman Glyn Barker prepares to step down

    June 17, 2019

    Interserve chairman Glyn Barker is preparing to step down following deal that saw the struggling outsourcing firm taken over by a consortium of its lenders. The company is working with recruitment search firm Heidrick & Struggles to appoint a successor, Sky News reported. Read more: Interserve went into administration owing suppliers £100m Barker, who was [...]

  • ‘In a dark place’: Kier shares plummet 40 per cent after embattled outsourcer gives £25m profit warning

    June 3, 2019

    Kier Group shares have suffered a fresh blow this morning, dropping more than a third as the troubled outsourcer reels from its latest profit warning. The construction and services company, which is listed as one of the government’s top external suppliers of public services, shocked investors this morning with the news operating profit will be [...]

  • Rolls-Royce, Vodafone and Interserve among firms kicked off government’s anti-late payment scheme

    April 29, 2019

    The public sector’s war on late payment intensified today as 17 big hitters in British business were kicked off a voluntary scheme intended to crack down on the problem, including several blue-chip firms. Read more: Number of firms paid late by Cabinet Office nearly triples since 2016 Rolls-Royce, Vodafone and BHP Billiton were among the [...]

  • BBC retains troubled outsourcer Interserve to provide security across its UK sites

    April 26, 2019

    Embattled public sector outsourcer Interserve has been tasked with guarding the BBC’s entire UK estate for the next three years, in a contract award worth £47m. Read more: FRC investigates Grant Thornton audits of Interserve The announcement, seen by City A.M. last night, means Interserve’s security brand First Security will continue providing services for the [...]

  • Interserve finance boss throws in the towel weeks after administration

    April 24, 2019

    Interserve’s finance chief will quit the company just weeks after it fell into the hands of its lenders having buckled under the weight of a £730m debt pile. Read more: FRC investigates Grant Thornton audits of Interserve Mark Whiteling, chief financial officer at the outsourcing giant for just 18 months, informed colleagues this week that [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 7
  • Next

Trending Articles

  • Deloitte, KPMG, PwC and EY push further into India as all Big Four firms go on aggressive hiring spree

  • Brexit beating for British scientists as academics sound alarm over UK exclusion from £95bn Horizon program

  • Jaws drop as it emerges UK Health Security Agency pays 1,400 consultants as much as £3,100 per day

  • Aviva chair hits back at shareholders following 'inappropriate' comments at AGM

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2019

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2022 City A.M. Limited