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Search for Serco Group PLC and
  1. September 16, 2015

    Serco sells Indian business processing unit back to Blackstone

    Serco has sold its Indian business processing unit back to private equity group Blackstone for £250m, as it seeks to...

  2. September 8, 2015

    Serco bounces back as supporter emerges

    London’s most-hated stock has finally found a supporter. Serco bounced off a 12-year low on Tuesday after Jefferies...

Special Reports

  1. Risk Management: Supply chain 2012

    Contingent insurance: Cover is broadening for interruption Reshoring: Changing locati...
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  1. September 3, 2015

    Pensions watchdog warns on late valuations of UK schemes

    The Pensions Regulator has warned it has a “low tolerance” for schemes failing to provide valuations on time, as...

  2. August 11, 2015

    Loss of state contracts knocks Serco revenues

    The loss of government contracts hit revenues at Serco but there are signs the troubled outsourcer is stabilising after...

  3. August 9, 2015

    Outsourcers running UK immigration centres put to the test

    Abdal Albashiar arrived at London’s Heathrow airport in 1998 after fleeing what he says was persecution by Sudan’s...

  4. July 24, 2015

    Serco managers stopped from running New Zealand jail

    Serco has been temporarily stripped of work running New Zealand’s largest prison following allegations of mistreatment...

  5. July 1, 2015

    Serco’s Soames says group in ‘good order’ after scandals

    Serco pointed to £1bn in contract wins, including a deal with the Saudi Railway Company, as evidence that its business...

  6. FT Alphaville

    June 22, 2015

    FT Opening Quote - Aggreko's Weston does the splits

    Aggreko’s Chris Weston is putting his stamp on the rental group with a reorganisation, while Cinven has sold a 30 per...

  7. June 8, 2015

    MoD seeks bidders for military fire and rescue services

    The Ministry of Defence has asked some of Britain’s biggest companies to bid to run the military’s fire and rescue...

  8. May 27, 2015

    Serco appoints City veteran Sir Roy Gardner as chairman

    Serco has appointed the City veteran Sir Roy Gardner as chairman as the outsourcing company seeks to repair its...

  9. May 19, 2015

    Serco close to selling its Indian business

    Serco is close to selling its Indian business processing division to private equity as Rupert Soames, chief executive,...

  10. April 27, 2015

    Government moves to stop suppliers disclosing contract details

    Cabinet officials are engaged in a row with outsourcing companies over attempts to prevent them from disclosing...

  11. April 20, 2015

    Serco stripped of sterilising contract at Australian hospital

    Serco has been stripped of work sterilising equipment at a hospital in Australia, adding to a run of botched contracts...

  12. April 17, 2015

    G4S chief executive Ashley Almanza receives 73% pay rise

    The chief executive of G4S, Ashley Almanza, has been rewarded with a 73 per cent pay increase for returning the...

  13. March 24, 2015

    Outsourcer calls for independent watchdog in transparency drive

    One of the world’s biggest outsourcing companies has urged the UK government to set up an independent regulator to...

  14. March 18, 2015

    Budget 2015: VAT changes level the playing field for outsourcing

    Government outsourcing is expected to increase after the coalition removed VAT charges for private sector bidders on...

  15. March 12, 2015

    Serco: becalmed

    Even the tightest ship needs a fair wind behind it. Rupert Soames, the new Serco chief executive, aims to shore up an...

  16. March 12, 2015

    Sir Philip Green and the BHS £1 sale

    There is a whiff of “how are the mighty fallen” in Sir Philip Green’s sale of BHS for £1. The entrepreneur marked his...

  17. March 12, 2015

    Serco shares tumble after final dividend is scrapped

    Serco slumped to a pre-tax loss of more than £1bn last year following a crisis with several large public sector...

  18. March 5, 2015

    Welfare-to-work provider A4E up for sale

    A4E, the welfare-to-work provider founded by a former adviser to David Cameron, has been put up for sale just weeks...

  19. March 5, 2015

    Serco foots the bill for ‘win at all costs’ public sector contracts

    Serco’s contract crisis Waiting outside the advice clinic at a hostel for asylum seekers in Liverpool, Mohammad Ahmadi...

  20. February 20, 2015

    Serco shines on hopes of modest cash call

    Serco climbed to its best level since November on Friday as optimism grew that its cash call will be scaled back. Serco...

  21. February 20, 2015

    StanLife leads FTSE after strong earnings

    London stocks nudged higher in morning trade on Friday, with Standard Life setting the pace after the insurer reported...

  22. January 16, 2015

    Can investors judge chief executives’ performance?

    When Serco announced the appointment of Rupert Soames as chief executive last February, shares in the outsourcer rose...

  23. December 19, 2014

    Police drop probe into Serco’s prisoner contract

    City of London Police have dropped their investigation into Serco’s handling of a £285m prisoner escort contract, which...

  24. December 10, 2014

    G4S and Serco won Whitehall work despite being ‘on probation’

    Five government departments awarded G4S and Serco fresh work during a period in which Whitehall “gave the impression”...

  25. December 8, 2014

    Towergate offloads aircraft cover unit Hayward Aviation

    Insurance broker Towergate has made the first of several expected disposals as one of Britain’s biggest private...

  26. December 4, 2014

    Towergate’s bankers invite ownership bids

    Towergate’s bankers have invited its bondholders to take control of the heavily-indebted insurance broker, underscoring...

  27. November 30, 2014

    Falling Serco share price unsettles investors

    Unsettled investors are warning Serco’s new chief executive Rupert Soames that he will struggle to raise cash for a...

  28. November 28, 2014

    Boardroom trades November 29

    Serco’s Guy Leach is to be applauded for impeccable timing. The business services group’s director of corporate...

  29. November 27, 2014

    With great power comes great responsibility

    It is easy to be wise after the event. On quitting last week as chairman of Serco, a business services company,...

  30. November 20, 2014

    Serco hurt by cash call concerns

    Serco’s unusual move to pre-announce a cash call looks to be backfiring. Serco warned last week it intends to launch a...

  31. November 19, 2014

    British outsourcing groups dominate public sector contracts

    British outsourcing companies have strengthened their grip on public sector contracts over the past decade despite...

  32. FT Data

    November 18, 2014

    Open data and government contracts

    In total around $9.5 trillion is estimated to be spent by governments on contracts with various businesses and other...

  33. November 17, 2014

    Note to numpties: be on guard for Quindell misunderstandings

    So Canaccord Genuity has quit as a broker to Quindell. So too has one of Quindell’s spin-doctors, Redleaf, which...

  34. November 17, 2014

    Mitie slips to loss as it outlines pressures on government deals

    Mitie, Britain’s biggest operator of immigration detention centres, has swung to a first-half loss because of one-off...

  35. November 17, 2014

    Serco chairman takes blame for crises and resigns

    Serco’s chairman has resigned from the outsourcing group after taking responsibility for the “strategic and operational...

  36. November 12, 2014

    Capita plans private sector expansion

    Capita is planning to expand its private sector business as it seeks to refocus away from potential reputationally...

  37. November 12, 2014

    Capita leads FTSE fallers as bid pipeline stutters

    Capita was the biggest fallers on a flat FTSE 100 on Wednesday, as the mixed fortunes of the UK support services sector...

  38. November 10, 2014

    Serco is put on a tough lifestyle regimen of temperance and prudence

    “What is the point of getting fit when exercise hurts you so much, Mum? ” asks Little Miss Lombard. She has a point....

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