More than £4bn has been wiped off the value of London-listed outsourcers this year as investors have turned their back on the sector in the wake of Carillion’s sudden demise.
Interserve, G4S, Babcock, Kier, Capita and Mitie have seen their combined market value fall by around 40pc since their fellow contractor went under in January.
Carillion, whose work ranged from building roads to cleaning prisons and feeding schoolchildren, collapsed under billions of pounds of debt, leaving the Government to pick up the pieces and an air of negative sentiment over the sector.
The biggest falls in absolute terms were at giants G4S, a security specialist, and defence contractor Babcock, which each saw their market…
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