Hammond wants more public sector spending cuts
1st Aug 2018 11:38
(Sharecast News) - The chancellor has told government departments to prepare for further spending cuts before next year's spending review, putting him at odds with cabinet members who want to ease austerity.
Read moreInterserve wins £65m contract with Network Rail
6th Feb 2017 07:49
(ShareCast News) - Support services and construction group Interserve has won a new five-year facilities management contract with Network Rail worth £65m. Interserve will deliver facilities services such as waste management, landscaping, pest control, adverse weather management and washroom services
Read moreInterserve trading in line, on track for FY
11th Jan 2017 08:59
(ShareCast News) - Support services and construction group Interserve said trading in the year to the end of December was in line with its previous guidance and expectations for the full year are unchanged. The company expects strong international construction and equipment services results will bro
Read moreInterserve gets termination notice on Glasgow energy project
15th Nov 2016 14:30
(ShareCast News) - International support services and construction group Interserve has been served notice of the termination on its Glasgow Recycling & Renewable Energy project by Viridor. The company said it is now "assessing the implications of this development" with its legal advisers and will i
Read moreInterserve wins FM contract with six government departments
14th Nov 2016 09:11
(ShareCast News) - Interserve, an international support services and construction group, has secured a £40m, five-year facilities management account with six central government departments. The account, known as the 'Affiliate cluster' covers the Cabinet Office, the department for International Deve
Read moreInterserve to keep equipment services business
10th Oct 2016 07:41
(ShareCast News) - Support services and construction group Interserve has decided to keep its equipment services business RMDK following a strategic review kicked off in February. Interserve concluded that it remains the best owner of RMDK and that retaining it as a core part of the group with an up
Read moreInterserve wins place on Department of Health construction framework
27th Sep 2016 10:17
(ShareCast News) - Support services and construction group Interserve has won a place on the Department of Health's £4bn ProCure22 (P22) construction framework, due to start next month. The award continues Interserve's 14-year role on UK health frameworks, through which it has delivered more than £1
Read moreInterserve joint venture awarded UAE mall contract
21st Sep 2016 07:19
(ShareCast News) - Interserve announced on Wednesday that its construction joint venture Khansaheb has been awarded an £81m contract by Middle East developer Majid Al Futtaim, to expand and upgrade the City Centre Ajman mall in the United Arab Emirates. The London-listed firm said that under the con
Read moreInterserve extends contract with Environment Agency
19th Sep 2016 08:21
(ShareCast News) - Support services and construction company Interserve won a two-year extension to its contract with the Environment Agency, worth an extra £11m. Interserve, which first partnered with the Environment Agency in 2013 to provide facilities services including maintenance, cleaning and
Read moreInterserve rebounds as interim results show progress
10th Aug 2016 07:50
(ShareCast News) - Interserve lifted its interim dividend after a solid six months' trading, cutting debt as it looks to exit from the lossmaking Energy from Waste (EfW) business. Revenue in the six months to 30 June of £1.63bn was 2.4% higher than the same period last year and, excluding the £70m e
Read moreInterserve secures BBC security contract extension
8th Aug 2016 07:10
(ShareCast News) - Support services and construction group Interserve has been awarded a two-year extension of its contract to provide security services to the BBC worth more than £20m. Interserve has been providing the BBC with security services since 2014, when it was awarded the company's Nationa
Read moreInterserve wins £60m services contract with JLL
28th Jun 2016 08:02
(ShareCast News) - Support services group Interserve has won a facilities management services contract worth £60m over its initial three year term with commercial and residential property services company JLL. Interserve will provide integrated facilities services at 18 shopping centres managed by J
Read moreFTSE quarterly review confirms raft of changes to 100 and 250 indices
2nd Jun 2016 08:00
(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
Read moreInmarsat set for FTSE demotion in quarterly review
31st May 2016 10:19
(ShareCast News) - Satellite communications company Inmarsat could be pushed out of the FTSE 100 by Hikma Pharmaceuticals in June, according to the FTSE Russell. Changes from the latest quarterly review of the FTSE 100, to be announced on Wednesday, will take place on Friday 17 June. Earlier this m
Read moreInterserve secures £25m Eastleigh leisure centre deal
18th May 2016 08:58
(ShareCast News) - Support services and construction group Interserve announced a new contract win on Wednesday, having secured a £25m deal to build one of the biggest leisure centres in the south of England. The FTSE 250 firm said the Fleming Park Leisure Centre in Eastleigh, which is being designe
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