Interserve-Oh Dear

Outsourcing public services really doesnt work does it

'The Cabinet Office insisted that Friday's news would not affect jobs or the provision of public services. "We are in close contact with the company and we are confident a positive way forward will be found," the office said in a Tweet.'

 

and who believes this^^^^ bullshite

It’s not so much the outsourcing but the PE ownership and financing arrangements that saddle the companies with so much debt they’re fvcked before they start. 

Interserve and Carillion, and others before them were run by morons way out of their depth. Still, they have morons on the other side awarding them contracts.

Yes, what could possibly go wrong.