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In April 2020, the period of administration of Interserve plc was extended. Disposal of Interserve plc's 49% stake (valued in 2018 at £2.7m) in a Qatari business was delayed due to the COVID-19 pandemic restrictions in Qatar, so administrator EY was granted a two-year extension until March 2022. EY said secured creditors of Interserve plc ...
From 1991 it was known as Tilbury Douglas following a merger with RM Douglas, but in 2001 rebranded as Interserve plc. The name change partly reflected a shift in focus during the 1990s towards maintenance and facilities management services sectors, and this continued in the 2000s, buoyed by further acquisitions.
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Debra Jayne White (born May 1962) is a British accountant and businesswoman. She was the chief executive (CEO) of Interserve from September 2017 until the end of 2019. In March 2020, the UK Government asked White to advise it on the establishment of a UK-wide network of testing centres in response to the COVID-19 pandemic.
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In August 2019, Interserve appointed Ken Hanna as a non executive director of its board, and chairman of RMD Kwikform. RMD Kwikform had been the strongest performer in the group, but results in 2018 showed a 27% drop in operating profits to £39.6m, as turnover fell to £195.5m from £229m. [ 12 ]
In 2017, the UK was the eleventh-largest goods exporter in the world [6] and the eighth-largest goods importer. [7] It also had the second-largest inward foreign direct investment, [8] and the third-largest outward foreign direct investment. [9] The UK left the European Union in 2019, but it remains the UK's largest trading partner.
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