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      Revolut and Monzo urge Healey to raise bank tax threshold

      Sleek modern design of Revoluts new office space featuring open workstations and collaborative meeting areas

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      Two countries, one holiday: Turkey’s glitzy Bodrum and Greece’s unbuttoned Kos

      Woman in a straw hat and swimwear relaxing under a wooden pergola on a sandy beach in Bodrum, Turkey.

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government contract

  • Defence and immigration help Serco weather outsourcing pressure

    Business

    Serco said a boost in defence contracts and higher demand for its immigration services across Europe helped offset delays in its North America business, as it reiterated guidance for the year. The FTSE 250 outsourcing group said revenue for the first six months of the year is expected to rise around three per cent to [...]

    Serco has benefitted from a Western increase in defence spending
  • Prison porridge costs taxpayers £165m a year 

    Politics

    Porridge, baked beans and other prison food cost taxpayers a combined £165m a year, City AM can reveal, as questions around spending efficiencies loom over the Ministry of Justice.  The government has signed a blockbuster £826.7m deal with a leading catering distributor to supply food for prisoners and staff.  BFS Group, a subsidiary of South [...]

    A tray of typical prison food with portions of mashed potatoes, green beans, and a meat patty, reflecting inmate meal stan...

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