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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

More than 2,000 jobs axed as UK prison builder ISG collapses

ISG EY Prison United Kingdom
HM Prison Liverpool
ISG’s prison contracts include refurbishing HMP Liverpool in Walton. Photograph: Peter Byrne/PA

More than 2,000 jobs have been axed and dozens of government construction projects could be paused as ISG, one of the UK’s largest contractors, fell into administration.

In the biggest collapse of a UK construction company since Carillion, administrators EY confirmed on Friday that ISG had ceased trading with immediate effect, with the closure of all of its sites.

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