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Serco

  • Tesco, B&Q and Whitbread scolded in minimum wage crackdown

    Retail

    Labour’s new workers’ rights police force has scolded Tesco, B&Q and Whitbread, and more than 600 other firms, for failing to pay the minimum wage.  The Fair Work Agency has published the names of 658 companies which have been fined £7m and forced to return £4m to more than 27,000 workers who have not been [...]

    A man with a beard and dark suit holding a notebook, standing in front of a building with windows.
  • ‘They want business on board’: How Reform UK is wooing City chiefs at its conference 

    Politics

    Nigel Farage’s Reform UK is on a mission to win over businesses before the next election. Maurício Alencar and Ali Lyon report on how the party’s upcoming conference in Birmingham could determine its political future. By the time Britain’s executives descend on the Reform UK party conference this week, many will already be well-acquainted with [...]

    Reform UK leaders Nigel Farage, Richard Tice, and others smiling on stage against a blue background
  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

    Politics

    Vodafone and Deliveroo will dispatch senior representatives to the Reform UK conference this week despite the party publicly threatening to send their bosses to prison. Telecoms giant Vodafone, operating under its UK banner Vodafonethree, will host a fringe event at the Reform’s annual jamboree even after home affairs spokesman Zia Yusuf warned chief executive Margherita [...]

    Zia Yusuf speaking at a Reform UK press conference, with a Union Jack flag and Britain Needs Reform sign.
  • Serco chief hits back at New Statesman’s outsourcing jibes

    August 6, 2026

    Serco’s boss has hit back at media criticism in the New Statesman and other outlets as the under-scrutiny firm boosted its sales and eyed more contract wins.  The London-listed firm, which is one of Britain’s largest outsourcing companies running everything from bin collections to asylum accommodation, said it remained committed to bidding for contracts in [...]

  • Defence and immigration help Serco weather outsourcing pressure

    June 25, 2026

    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 hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

    June 15, 2026

    One of the UK government’s biggest private sector contractors has denied being hostile to Reform UK after the party’s home affairs spokesperson Zia Yusuf after accused it taking “political positions” against his immigration policy. Citing a report in the Telegraph that suggested FTSE 250 firm Serco would refuse to support Reform’s deportation plans if it [...]

  • Defence boosts Serco amid asylum hotel decline

    March 5, 2026

    Government defence contracts helped Serco deliver a higher profit in 2025 despite a drop in the use of migrant hotels, once a key revenue stream for the London-listed company.  Serco, an outsourcing company that covers government work on everything from migrant hotels to waste collection, was boosted by higher state expenditure both in the UK [...]

  • Serco: Defence spending pushes order pipeline to 10-year high

    August 7, 2025

    Government services firm Serco’s order pipeline has risen to the highest in more than a decade as countries across Europe and North America ramp up their defence budgets. The firm’s pipeline stood at £11.9bn, up six per cent compared to the end of last year, with as much as 80 per cent of its order [...]

  • CBI on hunt for Soames successor

    July 3, 2025

    The CBI has kicked off its hunt for a new chair to succeed Rupert Soames, the man credited with saving the lobby group from the brink of collapse. The UK’s business industry body has enlisted headhunters to help with the search for Soames’ successor in one of the most prominent roles in corporate Britain. Soames, [...]

  • Serco appoints new chair amid better than expected performance

    June 26, 2025

    Serco has appointed Keith Williams as chair amid a period of strong growth boosted by government spending on defence and immigration. The Halfords chair will take over from John Rishton, who will have completed a nine-year tenure by the time he steps down in December. Williams said it was an “honour” to have been selected [...]

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