All Interserve articles

  • Grant Thornton

    Grant Thornton UK fined for ‘skepticism failures’ in Interserve audit


    Grant Thornton UK received a “severe reprimand” and reduced penalty of £718,250 (U.S. $981,000) for breaches that arose in the context of audit work on the 2015-17 financial statements of now-collapsed construction firm Interserve.

  • AngryShareholders

    Interserve: Carillion Part II


    In an almost carbon copy of the Carillion collapse, peer contracting firm Interserve went into administration on Friday due to a majority of its shareholders rebelling against a debt cancellation deal that would have seen their investment at even lower levels than the deal that was finally agreed to.