MORE than 45,000 jobs are at risk after outsourcing giant Interserve signalled on Friday that it will file for administration.

The managing board of the British-based company failed to attract the support of shareholders at an emergency meeting on Friday for a proposed rescue plan that would have handed control of the firm to lenders.

By the time the Star went to press a statement from the board said that due to an “absence of any viable alternative” it is “likely” that they will be taking the company into administration.