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UK outsourcing

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  • Thursday, 25 February, 2021
    Serco Group PLC
    Serco to pay first dividend in 7 years as profits rise

    Outsourcing company says Covid work accounts for only 1% of earnings

  • Monday, 22 February, 2021
    LombardBryce Elder
    G4S secures a solid price even as GardaWorld’s pursuit ends in failure

    Canadian rival’s auction withdrawal puts an end to hostilities; IG’s retrenchment shows the perils of market volatility

  • Tuesday, 16 February, 2021
    Serco Group PLC
    Serco to buy US military business in boost to defence revenues

    UK outsourcer’s shares rise as it agrees $295m deal for Whitney, Bradley & Brown

  • Friday, 15 January, 2021
    LexBabcock International Group PLC
    Babcock: crash dive Premium

    Warning from defence services outsourcer fits with trend for wider UK outsourcing sector

  • Wednesday, 13 January, 2021
    Former Carillion executives face boardroom ban

    Business secretary launches disqualification proceedings in wake of 2018 collapse of UK government contractor

  • Wednesday, 6 January, 2021
    Health
    UK’s private healthcare groups hope for virus bounce

    Potential £10bn contracts with NHS England aim to clear backlog of procedures

  • Thursday, 17 December, 2020
    Serco Group PLC
    Serco repays UK government furlough funds as profits set to rise

    Outsourcer involved with test and trace scheme to reward 50,000 staff with £100 bonus each

  • Monday, 14 December, 2020
    Capita PLC
    Capita sells education arm to strengthen finances

    Sale price of £300m falls short of analysts’ expectations

  • Friday, 27 November, 2020
    Capita PLC
    Capita in talks to sell education business to tackle £1bn debt

    One of UK government’s biggest contractors looks to add to string of disposals

  • Promoted Content
  • Tuesday, 3 November, 2020
    G4S PLC
    G4S staff call for job security regardless of takeover outcome

    In a letter to company and hostile predator GardaWorld, employees warn they cannot endure higher workloads

  • Monday, 2 November, 2020
    Serco hit by loss of nuclear submarine contract

    UK outsourcer’s shares drop 12% as MoD plans to renationalise Atomic Weapons Establishment

  • Sunday, 1 November, 2020
    Health Care
    Demand for UK children’s services drives investor interest

    Deals in pipeline include sale of Elysium Healthcare, which runs 70 sites including special schools

  • Saturday, 17 October, 2020
    G4S PLC
    Advisers to G4S bidder GardaWorld in line for £312m payday

    Canadian security group releases offer document on £3bn hostile takeover bid for UK rival

  • Monday, 12 October, 2020
    £10bn Covid contracts without competitive tender come under scrutiny

    Most of 843 deals were signed by government to secure goods and services at speed

  • Wednesday, 30 September, 2020
    G4S PLC
    GardaWorld makes formal £3bn hostile takeover bid for G4S

    Canadian group says UK security company needs fresh management to deal with ‘scandals’ and ‘crises’

  • Wednesday, 30 September, 2020
    LexG4S PLC
    G4S/GardaWorld: prisoner’s dilemma Premium

    Higher offer is needed before UK security group should agree to come quietly

  • Monday, 28 September, 2020
    InterviewUK politics & policy
    England’s probation service at risk from cash squeeze, watchdog warns

    Higher reoffending rates are among ‘real-world consequences’ of failure to increase funding

  • Monday, 21 September, 2020
    Serco Group PLC
    Serco seeks acquisitions as outsourcers come under pressure

    Chief of group best known for running prisons says sector is ‘facing an era of consolidation’

  • Monday, 14 September, 2020
    Serco tops UK outsourcers for Covid-19 contracts

    Research shows pandemic did not bring a ‘bonanza’ of work

  • Thursday, 10 September, 2020
    UK politics & policy
    UK spending watchdog warns on costs of cleaning up old nuclear plants

    Decommissioning charge has risen by £3bn since 2017 and there remains ‘inherent uncertainty’ over final bill, NAO finds

  • Tuesday, 8 September, 2020
    G4S PLC
    Three former G4S executives charged over electronic tagging fraud

    Prosecution will go ahead even though security group reached its own settlement with SFO this year

  • Monday, 17 August, 2020
    National Health Service
    Private hospitals to be paid £10bn to ease NHS waiting lists

    Patient backlog expected to reach 10m by Christmas after services interrupted by Covid

  • Friday, 17 July, 2020
    G4S plea deal cut after slow response to fraud inquiry

    Judge applies reduced discount on security company’s fine over prisoner tagging

  • Friday, 10 July, 2020
    G4S drafts £38.5m deal to settle tagging scandal with fraud office

    SFO says group’s subsidiary misled Ministry of Justice about true extent of profits

  • Thursday, 25 June, 2020
    Mitie Group PLC
    Mitie joins with Interserve to strengthen hand in Covid-19 crisis

    Outsourcer buys rival’s facilities management division for £271m

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