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Interserve part of Addiewell prison consortium

Interserve has announced it is part of a consortium the Scottish prison service has chosen as preferred bidder to build the 700-cell Addiewell prison.

The infrastructure and facilities management group reported interim pretax profits up 23% from £16.2m to £19.9m.

The improvement reflected increased government spending on social infrastructure and PFIs.

References: Financial Times 13/09/05 page 26, The Times 13/09/05 page 38 (Need to know, Results in Brief)

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