UK construction giant ISG goes into administration

UK construction giant ISG has gone into administration, sending shockwaves through its suppliers, customers and the wider construction industry. On 20 September, the following ISG Ltd companies went into administration – Central Services Limited, ISG Interior Services Group UK Limited, ISG Fit Out Limited, ISG Engineering Services Limited, ISG UK Retail Limited, ISG Retail Limited, ISG Construction Limited and ISG Jackson Limited. Timothy Vance, Alan Michael Hudson and Dan Edkins of EY were appointed as Joint Administrators. Administrators said ISG’s UK operations have ceased to trade with immediate effect. No further work will be undertaken on existing ...