Biometric systems used to monitor staff data now under review after ICO clampdown April 16, 2024 The regulator investigated the company and found it was “unlawfully” processing the biometric data of more than 2,000 employees at 38 leisure facilities.
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.
ICO tells Serco Leisure to stop ‘unlawfully’ using facial recognition and fingerprint data to monitor staff February 23, 2024 The Information Commissioner’s Office (ICO) has ordered public service provider Serco Leisure and its trusts to stop using facial recognition technology and fingerprint scanning to monitor employee attendance. Following an investigation, the ICO said Serco Leisure was “unlawfully” processing the biometric data of more than 2,000 employees at 38 leisure facilities. The regulator said the [...]
Blackstone embarks on mega-merge of two warehouse landlords February 12, 2024 Blackstone took over St Mowden and Industrials REIT in 2021 and 2023 respectively, delisting them from the London Stock Exchange.
Still “jeopardy” over CBI future, but new prez Rupert Soames says firms are re-engaging February 7, 2024 The new boss of the Confederation of British Industry (CBI) revealed that there is still some doubt as to whether the business lobby group can survive the scandal. Speaking to the BBC, the CBI’s new president Rupert Soames admitted that the organisation has to refinance its bank debt in autumn of this year. He explained [...]
Mark Kleinman’s must-read column: It’s payback time in the debate over executive pay February 1, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking, He writes a weekly column for City A.M. Like death and taxes, rows over boardroom pay are among life’s perennial certainties. Could 2024 turn out to be a watershed year, though, in the debate over executive remuneration at the [...]
Serco raises outlook as demand for immigration services in Europe and acquisitions drive growth December 14, 2023 Serco is forecasting higher profit and revenue this year as demand for its immigration services and a number of acquisitions drive growth.
Rupert Soames the right man for CBI mission December 6, 2023 Rupert Soames has been appointed the new president of the CBI - and he's the right person for the job in almost every way
Rupert Soames picked as next Confederation of British Industry chief December 5, 2023 The Confederation of British Industry (CBI) has named Rupert Soames as its next president.