Interserve

How long before they go bust?

Dunno but all of those big government contractors have been in trouble for ages.

I give it 6 months, going the way of Carillion I'm afraid. 

 

The construction industry is crazy. Under pressure to get more work done in less time and for less fees. Genuinely looking at 1%-2.5% profit margins with up to 6 months payment terms. Unsustainable. 

Agree. I have seen construction companies bid for public sector work at zero profit margin. Of course, they'd load it afterwards.