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1077763
registered interest false more like this
date less than 2019-02-26more like thismore than 2019-02-26
answering body
Foreign and Commonwealth Office more like this
answering dept id 16 more like this
answering dept short name Foreign and Commonwealth Office more like this
answering dept sort name Foreign and Commonwealth Office more like this
hansard heading Interserve more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Foreign and Commonwealth Affairs, whether his Department was made aware of any financial insecurities when awarding a new contract to Interserve in 2018 that could result in possible job losses in the following financial year. more like this
tabling member constituency North East Fife remove filter
tabling member printed
Chris Stephens more like this
uin 226154 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-04more like thismore than 2019-03-04
answer text <p>​No. The contract was awarded after Interserve had secured refinancing in April 2018, which had increased their financial stability and with the full agreement of Cabinet Office and HM Treasury. Any changes to staffing on the contract delivered to the Foreign and Commonwealth Office are a result of the change to the proposed service delivery model and are not a result of Interserve's financial position.</p><p>Interserve announced on 27 February that its lenders, bonding providers and Pension Trusteee have agreed to its proposed deleveraging plan, a significant milestone in the delivery of their refinancing.</p> more like this
answering member constituency North East Bedfordshire more like this
answering member printed Alistair Burt more like this
question first answered
less than 2019-03-04T16:09:18.497Zmore like thismore than 2019-03-04T16:09:18.497Z
answering member
1201
label Biography information for Alistair Burt more like this
tabling member
4463
label Biography information for Chris Stephens more like this