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Keep up to dateBy Tom Lowe2024-09-20T12:35:00
Calls for industry-wide reform to prevent further administrations as supply chain braces for impact of £2.2bn firm’s administration
ISG staff have voiced their sadness and frustration at the demise of the £2.2bn contractor following a series of loss-making jobs and called for industry-wide reform to prevent another major collapse.
The firm’s chief executive Zoe Price confirmed yesterday evening that the group was set to go into administration after the collapse of a deal to sell the business to a South African businessman.
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