Interserve scores twice up north
Construction and maintenance firm Interserve has announced progress on two contracts in the north of England.
Construction and maintenance firm Interserve has announced progress on two contracts in the north of England.
The bigger contract is a £150m deal with West Yorkshire police to build two divisional headquarters in Leeds and Normanton, and a specialist training facility in Wakefield. Of the total, £50m will come from providing facilities management at the sites for 25 years. Interserve says it has now reached "financial close" on the project.
The firm has also won a £50m contract to provide facilities management at the new Alder Hey children's hospital in Liverpool.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Adrian Ringrose, Interserve's Chief Executive, says, "We welcome this opportunity to help Alder Hey realise its ambition of creating what will be one of the finest children's hospitals in the country."
Shareholders will be grateful as well, the value of their stock has fallen 13.5% so far this year - so the good news may come in handy.
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Council tax bills in worst hit areas set to rise by £500 in the next four years
Branded the ‘ultimate stealth tax’, the council tax burden is increasing across the country, with some areas potentially having to find hundreds of pounds more a year to pay the bill
-
Crypto ETNs are approved for UK retail investors
The FCA has approved the sale of crypto ETNs to retail investors from October. What is a crypto ETN, and what does this mean for investors?