Serco announces £25m profits boost after landing contract extensions to provide Test and Trace sites and call handlers – a day after anti-Covid system’s worst ever week Outsourcing giant Serco said it expects a trading profit of £160m to £165m Bosses said this was ‘an indication of customer’s satisfaction with quality work’ Before the extension to … Read more
Contact tracers hired to halt the spread of coronavirus in the UK have been told to consult YouTube for advice on how to deal with bereaved family members, it was revealed today. Health Secretary Matt Hancock announced on Monday that 21,000 tracers would be receiving ‘rigorous’ and ‘detailed’ training needed for the important role, seen as … Read more
Serco bosses charged with fraud and false accounting after firm billed Government for tagging criminals who were dead or in jail By Hugo Duncan for the Daily Mail Published: 21:51 GMT, 16 December 2019 | Updated: 22:58 GMT, 16 December 2019 Two former Serco directors have been charged with fraud and false accounting over its … Read more
Shareholders in Serco are getting their first dividend in six years after the outsourcing giant triumphantly returned to growth. It will pay investors 1p per share after its recovery plans finally hit ‘escape velocity’, with boss Rupert Soames hailing it as an important milestone. The payout has been a long time coming, and lifted shares … Read more