King Charles’ cleaner ups dividend after revenue surge Markets The official cleaner for King Charles III has upped its dividend as the facilities management business said it was able to get its customer base to dig deeper into their wallets. FTSE 250 member Mitie, which was recently awarded a Royal Warrant by appointment by Charles for services to the Royal Household, is to issue [...]
TfL to spend £100m a year on cleaning tubes amid graffiti spat Transport and infrastructure Commuters will foot an annual £100m bill for cleaning tubes and buses over the next five years, City AM can reveal, with transport officials hoping a new provider will help to wipe out graffiti across the network. Transport for London (TfL), which is chaired by Mayor Sadiq Khan, revealed it signed a contract with the [...]
Mitie: Shard-based outsourcing giant toasts to double-digit growth Business Outsourcing giant Mitie has reported double-digit growth after a record number of contract deals and extensions in the first half of the year. The FTSE-250 firm said that revenue increased by 13 per cent, to £2.4bn, in the half-year ended 30 September, up from £2.1bn last year. This was driven by a 45 per cent [...]