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Serco Group

  • Serco forced to pay £68.5m for contract flaws

    December 19, 2013

    SHARES in beleaguered outsourcing company Serco rallied in trading yesterday after the company said it had reached a £68.5m settlement with the Ministry of Justice (MoJ) over allegations it overcharged on contracts. The company had run into trouble over allegations it overcharged for electronically tagging prisoners. It was later found that some of these were [...]

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