Businesses warn of £400m in extra costs after Reeves’s Budget tax raid November 8, 2024 Businesses across the UK are sounding the alarm over rising costs after Rachel Reeves raised taxes by some £40bn at the Budget last week. The Chancellor announced that employer’s national insurance contributions (NIC) will increase by 1.2 per cent to 15 per cent, and the threshold at which businesses start paying the levy will be [...]
Serco: FTSE 250 firm bags new contract for US Space Force Pituffik base in Greenland August 22, 2024 British outsourcing giant Serco has won a $320m (£250m) contract to manage the electrical modernisation of the US Space Force’s Pituffik Space Base in Greenland. The contract, which began this month, will last four years. Serco will modernise the base’s backup electrical plant, enhancing the capacity and stability of the base’s electrical network. Pituffik Space [...]
Serco shares nudge higher after raising profit guidance June 27, 2024 Serco shares jumped over six per cent this morning after the outsourcing giant lifted its annual profit forecast.
Serco chief commits to London listing and says global ‘complexity’ likely to hike demand February 29, 2024 Outsourcer Serco's chief exec believes a world of growing "complexity" is likely to stimulate demand for the contractor's solutions, he told City A.M. this afternoon
Serco announces buyback and dividend hike as firm reaps the rewards from government contracts February 29, 2024 Asset manager and warehouse developer Segro made a profit during the full year, helped by securing lucrative government contracts.