Debbie White

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Interserve, which cleans the London Underground and is one of the biggest suppliers of services to the UK government, has unveiled an emergency rescue plan that hands 97.25 per cent control of the business to its banks. Photograph: Chris Ratcliffe/Bloomberg

Interserve, one of the biggest suppliers of services to the UK government, has unveiled an emergency rescue plan that hands control of the business to(...)

British outsourcer Interserve has thousands of UK government contracts to clean hospitals and serve school meals. Photograph: Peter Nicholls/Reuters

Shares in Interserve lost more than half their value on Monday after the British support services provider said it was in rescue talks which may hand (...)