Discover and read the best of Twitter Threads about #interserve
Most recents (1)
For all the recent talk of Interserve, their problems are not just recent ones. Their decline has been clear for four years. Their share price yesterday was 94.7% lower than at peak (in March 2014)...
#ukconstruction #outsourcing #interserve
#ukconstruction #outsourcing #interserve
... & 83% of their invoices are not even paid within the agreed payment terms. It's not merely a company-specific issue, the government outsourcing model is fundamentally flawed as we also saw with Carillion...
#ukconstruction #outsourcing #interserve
#ukconstruction #outsourcing #interserve
... that involves Winner's Curse (desperation to (continue to) win contracts means winning them at low or negative margins & also poor acquisitions & expansions into new sectors without the knowledge in those areas...
#ukconstruction #outsourcing #interserve
#ukconstruction #outsourcing #interserve
