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Interserve has confirmed it is in talks with its lenders regarding a debt-for-equity swap.
The boss of a major contractor has rejected working for HS2’s phase one joint ventures because it would mean serving in a tier two role.
The Financial Reporting Council has launched a set of corporate governance guidelines, which have been drawn up by Wates Group chairman James Wates.
Contractor Forrest has entered administration despite the sale of its refurbishment and energy divisions to Engie Regeneration.
Funding models similar to that used for the Thames Tideway tunnel are the “future approach to private investment and infrastructure”, the construction minister has said.