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British government monitoring Interserve after Carillion collapse - FT

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Reuters LONDON

LONDON (Reuters) - British ministers are "very worried" about contractor Interserve and have set up a team of officials to monitor the company, following the collapse of competitor Carillion, the Financial Times reported on Wednesday.

The Financial Times said that civil servants had monitored Interserve since a profit warning in September due to concerns over its financial health, citing government advisers and officials.

Interserve declined to comment on the report.

(Reporting by Alistair Smout; editing by Guy Faulconbridge)

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First Published: Jan 17 2018 | 1:28 PM IST

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