Serco staff wrote fake invoices worth £500,000 a month in failed bid to defraud the taxpayer By Daily Mail City & Finance Reporter Published: 22:07 BST, 28 April 2021 | Updated: 22:49 BST, 28 April 2021 Serco staff cooked up fake invoices worth £500,000 a month at the height of an ill-fated attempt to defraud … Read more
As outsourcer is accused of bagging £37bn from controversial scheme to tackle Covid, Serco slams false Labour claims over Test & Trace Jeremy Corbyn and leading Labour MPs wrongly suggested it had bagged £37billion from the scheme The outsourcing group has faced criticism over the controversial programme The firm said it had been awarded contracts … Read more
Serco fights back over Test & Trace farce: Boss Rupert Soamesdefends plans to pay dividend claiming firm has been ‘demonised’ By Francesca Washtell For The Daily Mail Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Serco’s boss launched a vigorous defence of the NHS Test & Trace system as the … Read more
Controversial NHS Test and Trace contractor Serco has today revealed it was paid £350million for Covid contracts last year. The scandal-hit firm reported a surge in profits in 2020, despite the contact tracing scheme it runs being chaotic and having ‘little impact’. The outsourcing giant published its financial report for the year today, showing its … Read more
Serco hoping to go into space after snapping up US defence contractor Whitney, Bradley & Brown for £212m By Daily Mail City & Finance Reporter Published: 22:00 GMT, 16 February 2021 | Updated: 22:00 GMT, 16 February 2021 Serco said its takeover of Whitney, Bradley & Brown could open the door to the Pentagon Outsourcer Serco … Read more
Serco, Lockheed Martin and Jacobs set to lose contract to develop warheads for Britain’s fleet of nuclear submarines By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 November 2020 | Updated: 21:50 GMT, 1 November 2020 Outsourcer Serco, defence firm Lockheed Martin and Jacobs Engineering are set to lose a contract to develop … Read more
Scepticism is a peculiarly British trait. The idea that we might actually be able to do something well seems too absurd to contemplate. Before the 2012 Olympics, the general view was it was all going to be a disaster: the stadiums would be late; the Tube drivers would go on strike; the opening ceremony would … Read more
MARKET REPORT: Shares in Serco soar after outsourcing giant brags about its ‘outstanding’ work on NHS’s troubled test and trace system By James Salmon for the Daily Mail Published: 21:51 BST, 16 October 2020 | Updated: 21:54 BST, 16 October 2020 Shares in Serco soared after the outsourcing giant bragged about its ‘outstanding’ work on … Read more
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