Capita founder and his wife lose battle to block ‘overly large’ six-bed house from being built

Capita founder and his wife lose battle to block ‘overly large’ six-bed house being built next door that he says will overshadow his own mansion on ‘millionaire’s playground’ Surrey estate Capita founder Sir Rodney Aldridge and his wife complained over new mansion  Elmbridge Borough Council approved plan for six-bed house in Oxshott, Surrey Sir Rodney … Read more

Capita bosses in crisis talks with new advisers over turnaround plan

Capita bosses locked in crisis talks with new advisers as they battle to turn the struggling company around By Francesca Washtell For The Daily Mail Published: 22:57 GMT, 5 January 2021 | Updated: 22:57 GMT, 5 January 2021 Capita bosses are locked in crisis talks with new advisers as they battle to turn the struggling … Read more

MARKET REPORT: Capita rockets 27% as cost cutting lifts profits

Investors piled into Capita after a cost-cutting plan offset some of the losses it racked up from the pandemic. Around £100million was wiped off the government contractor’s turnover in the three months up to the end of September. It brought in revenues of £803million, down from £902million in the same period last year. Around £100million … Read more

Outsourcer Capita accused of destroying property firm

Capita may be forced to sell prestigious property developer at a loss following allegations that its bosses ‘destroyed’ the company By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 25 October 2020 | Updated: 21:50 GMT, 25 October 2020 Capita may be forced to sell a prestigious property developer at a loss following allegations … Read more

Shares in troubled Capita jump as suitors eye firm

Shares in troubled Capita jump after we reveal that private equity suitors are eyeing the firm By Daily Mail City & Finance Reporter Published: 22:25 BST, 3 September 2020 | Updated: 22:25 BST, 3 September 2020 Shares in troubled Capita jumped after the Daily Mail revealed that private equity suitors were eyeing the firm.  City … Read more

Private equity giant CVC plots bid for TV licence collector Capita

Private equity giant CVC plots bid for Capita after TV licence collector’s share price falls more than 80% this year By Lucy White For The Daily Mail Published: 21:50 BST, 2 September 2020 | Updated: 22:18 BST, 2 September 2020 TV licence collector Capita is being circled by private equity barons, the Mail can reveal. … Read more

Capita will shut up to 100 offices in devastating blow to PM’s campaign

One of the UK’s biggest employers is planning to close nearly 100 offices permanently in a crushing blow to the Prime Minister’s campaign to get Britain back to work. The Mail on Sunday can reveal that Capita – the giant Government contractor that collects the BBC licence fee, runs the London congestion charge and provides … Read more

MARKET REPORT: Capita crashes 20% as pandemic takes its toll 

TV licensing collector Capita plunged into the red after admitting that the coronavirus has thrown its turnaround plans off course. The outsourcer, which also operates London’s congestion charge, slid to a £28.5million loss in the first half of the year compared to a £31.2million profit over the same time in 2019. TV licensing collector Capita, … Read more

MARKET REPORT: Eager investors pile into Capita

MARKET REPORT: Eager investors pile into contractor Capita after it confirms it is lining up the sale of a lucrative IT arm By Francesca Washtell For The Daily Mail Published: 21:58 BST, 22 June 2020 | Updated: 21:58 BST, 22 June 2020 Eager investors piled into Capita after it confirmed it is lining up the … Read more

Coronavirus: Sweden has highest death rate per capita this week

Sweden has the highest coronavirus death rate per capita than any country in the world over the past seven days.  The country, which refused to impose a lockdown, has seen 5.59 deaths for every million people per day on a rolling seven-day average in the week to May 29.  That rate is an astonishing 11 … Read more