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Potential saviour did not have enough money to buy ISG, administrator says, as 2,000 jobs lost in collapse
EY says buyer could not demonstrate they had funding despite 鈥渞epeated requests鈥 to do so
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Rivals battle for ISG staff including firm鈥檚 Google team as stricken contractor鈥檚 fit-out business files for administration
Number of UK subsidiaries to have made application for administration rises to eight
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Ongoing projects involving ISG could be worth nearly 拢5bn
Barbour ABI estimate based on total project values relating to schemes with completion dates from 2024 onwards
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Timeline: How ISG went from 鈥榳holly inaccurate' claims about its financial health to 鈥業SG has filed for administration'
In space of 10 months, firm went from dismissing sepculation to the brink of administration
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ISG staff vent frustration at firm鈥檚 collapse after weeks of uncertainty
Calls for industry-wide reform to prevent further administrations as supply chain braces for impact of 拢2.2bn firm鈥檚 administration
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Government implementing 鈥榙etailed contingency plans鈥 as ISG heads into administration
Whitehall departments are actively monitoring ISG鈥檚 public sector jobs, as DfE says it will pursue all forms of redress on its contracts with firm
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ISG鈥檚 collapse: a huge blow to construction that raises urgent and difficult questions
This is the biggest collapse to hit the sector since Carillion 鈥 as we absorb the grim news, people will want some answers and fast
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Offices closed and sites shut as ISG set to file for administration, chief executive confirms
Contractor聽to go under two months after firm鈥檚 chairman said rescue deal was 鈥榙ays away鈥
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Clients told to move quickly to find replacements for ISG, or risk sites being stalled for months
Rivals say jobs novating jobs across as soon as possible will see mimimum delays
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鈥業 am so sorry to have to share this news鈥 : ISG boss Zoe Price鈥檚 email to staff in full as firm prepares for administration
Contractor ISG is set to collapse, in the biggest corporate construction failure for several years. Here is what the firm鈥檚 chief executive said to staff聽 last night.聽
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