What ISG Ltd’s Failure Tells Us About Public Sector Contracts (Business Opportunities - Other Business Ads)
UKAdsList > Business Opportunities > Other Business Ads
Item ID 9719072 in Category: Business Opportunities - Other Business Ads
What ISG Ltd’s Failure Tells Us About Public Sector Contracts | |
When ISG Ltd, one of the UK’s biggest construction companies, went into administration in September 2024, it didn’t just make headlines – it sent shockwaves through the building industry. Over 2,200 workers lost their jobs overnight, and over £1 billion worth of government building projects were suddenly left hanging in the balance. This collapse didn’t come out of nowhere. And now, many people are asking how it happened, and what it means for other businesses working on public contracts. ISG Ltd wasn’t a small player. It was one of the biggest firms that built schools, prisons, and public buildings for the government. In just one year (2023/24), it earned £237 million from public sector work. Over the past six years, it has brought in more than £1.2 billion from government contracts. Its biggest client was the Ministry of Justice (MoJ), responsible for prisons and courts. One of ISG’s largest jobs was a £1.2 billion project to build four new prisons. So when ISG Ltd’s failure happened, the impact was immediate and widespread. | |
| Related Link: Click here to visit item owner's website (0 hit) | |
| Target Nation: All Nations Target City : Norwich Last Update : 21 May 2025 8:57 AM Number of Views: 36 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002465895 |
| Friendly reminder: Click here to read some tips. | |
UKAdsList > Business Opportunities > Other Business Ads
© 2025 UKAdsList.com
USNetAds.com | GetJob.us | CANetAds.com | AUNetAds.com | INNetAds.com | CNNetAds.com | Hot-Web-Ads.com | USAOnlineClassifieds.com
2025-06-15 (0.378 sec)