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Discuss Watch Out Interserve are on way out in the Plumbing Jobs | The Job-board area at PlumbersForums.net

Rob Foster

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Remember Carillion well interserve are on same path, get your lolly if owed. Check with your ‘main’ contractor if Interserve are at the top of the tree
Rob Foster aka centralheatking
 
"If it could only be like this always – always summer, always alone, the fruit always ripe and Aloysius in a good temper..."
Not a mention of central heating!
 
Read the article.
Don't fear shareholders - your Government will bail them out.
The Government can't accept that 10,000 additional people will join the Dole queue.
They will assist the company, because they want the taxes from peoples wages and company tax.
They will also allow the costs of the contracts to go up, too keep the company employing people and it would cost way more money to find another company to take over all the Government contract work with the workforce and equipment required.
 
Yep, unsecured creditors will probably bear the brunt of it, i.e. generally those can least afford to loose the money. They are talking about doing share dilutions too iirc which will be a hit for current shareholders, but then that's the nature of speculative investments, my sympathy is pretty slim.
 

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