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UK outsourcing

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  • Thursday, 26 May, 2022
    Serco Group PLC
    Immigration work helps Serco overcome end of UK Covid contracts

    Shares jump as revenues and profits upgraded above previous forecasts

    new
  • Thursday, 28 April, 2022
    UK business & economy
    SFO outsources disclosure in G4S case after high-profile case failures

    Anti-graft agency appoints legal tech group Anexsys to help handle review of evidence to be shared with defence

  • Sunday, 24 April, 2022
    Accounting & Consulting services
    KPMG wins UK government contracts despite withdrawing from bidding after scandals

    Big Four consultancy secures £10mn of public sector work since saying it would stop pitching

  • Monday, 18 April, 2022
    News in-depth
    Construction and outsourcing groups still prone to audit failures

    Four years after Carillion’s collapse, many rivals have attracted attention of accounting regulator

  • Saturday, 2 April, 2022
    News in-depthRetail & Consumer industry
    Caterers cook up cloud kitchen strategy for post-pandemic offices

    Traditional groups offer modern menus and flexible canteens as they adapt to workplace change

  • Thursday, 24 February, 2022
    Serco Group PLC
    Serco profits buoyed by government Covid contracts

    Outsourcer increases dividend by 15% and launches £90mn share buyback

  • Thursday, 3 February, 2022
    KPMG UK
    KPMG sued for £1.3bn over Carillion audit

    Official receiver alleges that any competent auditor would have detected the misstatements at UK outsourcer

  • Monday, 10 January, 2022
    KPMG UK
    KPMG admits ‘misconduct’ as regulator alleges forgery by Carillion auditors

    FRC opens case against accounting firm that is expected to last five weeks

  • Wednesday, 24 November, 2021
    Health Care
    Private hospitals benefit from furlough despite strong recovery

    Many healthcare providers have seen a boom in NHS work and self-paying patients

  • Monday, 15 November, 2021
    Serco Group PLC
    Covid contracts push Serco to upgrade full-year profit outlook

    Work housing asylum seekers also boosts revenues

  • Monday, 8 November, 2021
    National Health Service
    NHS sends X-rays abroad amid acute UK shortage of radiologists

    Health service is outsourcing analysis of scans as far afield as Australia as waiting lists lengthen

  • Monday, 1 November, 2021
    Grant Thornton UK LLP
    Grant Thornton fined over audit failings at outsourcer Interserve

    Sanction of £700,000 is second reprimand in six weeks for UK’s sixth-largest accounting firm

  • Sunday, 24 October, 2021
    Accounting & Consulting services
    UK public sector spending on consultants more than doubles

    Government and other bodies hand out Covid contracts worth £2.5bn in 2020-21

  • Thursday, 21 October, 2021
    G4S PLC
    SFO granted year-long postponement to G4S trial

    Three former executives accused of defrauding UK taxpayer on prisoner-tagging contract

  • Monday, 4 October, 2021
    Healthcare costs
    Private hospitals overtake NHS for hip and knee replacements

    More people are paying for the operations for the first time since they were widely introduced in the 1960s and ’70s

  • Monday, 9 August, 2021
    Kier Group PLC
    Kier boss admits HS2 rail contracts saved company from collapse

    Government supplier was ‘absolute mess’ but is rebuilding balance sheet, says Andrew Davies

  • Wednesday, 30 June, 2021
    Serco Group PLC
    Serco predicts first-half profits to climb 50%

    Outsourcer expects sales to rise by a fifth as it wins £322m contract to keep Covid testing centres running

  • Monday, 28 June, 2021
    Private equity
    Charme puts children’s home provider Witherslack up for sale

    Private equity owner attaches £600m price tag as deals rise in sector resilient to pandemic

  • Monday, 14 June, 2021
    LexSerco Group PLC
    Serco: UK test and trace scheme boosts outsourcer Premium content

    Public criticism has weighed on share price but not prevented group from lifting profits

  • Monday, 14 June, 2021
    Serco Group PLC
    Serco upgrades profit guidance as test-and-trace demand persists

    Outsourcer’s divisions in line or ahead of budget in first five months of the year

  • Wednesday, 19 May, 2021
    Bryce Elder
    A bankrolled action against Carillion’s auditors puts profit before justice

    Claims that KPMG was negligent ahead of the outsourcer’s collapse draw scrutiny of private litigation financing funds

  • Wednesday, 19 May, 2021
    Carillion PLC
    Carillion liquidators agree funding deal for £250m lawsuit against KPMG

    Auditor is under a separate investigation over its work for collapsed outsourcer

  • Sunday, 9 May, 2021
    NHS digital under scrutiny for ties with Accenture

    Conflict of interest concerns after consultancy was paid 15% of IT provider’s budget

  • Tuesday, 4 May, 2021
    Consultants awarded over £600m of UK Covid contracts

    Government spending on outsourcing more than third higher than previously disclosed

  • Wednesday, 7 April, 2021
    Serco practice of moving profits within group ‘legitimate’, argues defence lawyer

    UK contractor’s financial models of shifting profits to Geografix subsidiary were not part of scam, court told

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