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    Serco Group PLC

    • Thursday, 6 February, 2025
      UK outsourcing
      Serco wins recruitment contract for UK armed forces worth up to £1.5bn

      Award extends group’s expansion into military contracting amid rise in geopolitical tensions globally

      Army, Navy and RAF service personnel get ready to march in Ypres, Belgium
    • Monday, 27 January, 2025
      Serco workers plan to strike over UK navy contract negotiations

      Prospect union says proposed changes to existing £1.2bn deal threaten Britain’s nuclear deterrent

      A Serco-operated Royal Navy support tug makes its way in to Portsmouth harbour
    • Thursday, 16 January, 2025
      News in-depth
      Governments are changing in Serco’s key markets. So is its CEO

      Mark Irwin announced retirement from UK contractor days before Trump’s inauguration

    • Friday, 8 November, 2024
      Serco shares fall on Australian contract loss and changes to UK national insurance

      UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025

      A white Serco prison van is seen leaving the gates of Wormwood Scrubs prison in west London. The van is passing through ornate black and gold gates, with the prison's brick towers visible in the background.
    • Tuesday, 5 November, 2024
      Serco tracking devices on prison vans disabled after cyber attack

      Crews transporting offenders left without security in subcontractor outage that also hit DHL

      A Serco prison van arriving at the Old Bailey, in London
    • Wednesday, 23 October, 2024
      UK immigration
      UK ministers explore using break clauses in asylum housing contracts

      Home Office aims to revise terms or terminate after being ‘shocked’ by private companies’ profits

      A group of people, wearing life jackets and some wrapped in blankets, disembark from a Border Force vessel in Dover, Kent. They are being assisted by officials in high-visibility vests
    • Wednesday, 26 June, 2024
      Matthew Vincent
      A legal threat overhanging London market’s revival bid

      Court of Appeal to hear test case for widening use of class action lawsuits

      Reckitt products including Vanish and Dettol
    • Friday, 21 June, 2024
      News in-depthInvestments
      Shareholders turn to lawsuits over soured investments in UK companies

      Supporters say investor litigation raises governance standards but critics warn benefits skew to lawyers and funders

      Logos of Serco, Glencore, Barclays and Standard Charterd with Scales of Jutsice
    • Tuesday, 18 June, 2024
      Law
      Serco settles landmark shareholder lawsuit

      Case over share price drop was first of its kind in England to go to trial

      A Serco flag flies alongside a Union flag
    • Friday, 7 June, 2024
      Law
      Serco faces landmark shareholder lawsuit over mischarging scandal

      US-style securities trial over stock-price drop set to be first of its kind in England

      An electronic ankle tag on a teenage offender in the UK and the Serco logo
    • Friday, 23 February, 2024
      Outsourcer Serco ordered to stop using facial recognition to monitor staff

      UK watchdog cracks down for first time on an employer processing biometric data of workers

      A logo sign outside of a facility occupied by Serco in Columbia
    • Thursday, 14 December, 2023
      Serco increases bet on German immigration market

      Outsourcer buys European Homecare for €40mn as it flags impact from UK government plans to close migrant hotels

      Serco sign outside a Covid-19 test centre in England
    • Thursday, 29 June, 2023
      Global outsourcing
      Immigration: outsourcers will receive contracts surge — and painful scrutiny Premium?content

      Risks such as scandals around the treatment of migrants can destabilise businesses

      Serco logo
    • Thursday, 29 June, 2023
      Serco lifts profit guidance as demand for immigration services rises

      London-listed contractor raises forecast for organic revenue growth and underlying profit by 4%

      A Serco flag flies alongside a Union flag outside Doncaster Prison in northern England
    • Saturday, 19 November, 2022
      Investments
      Directors’ Deals: Serco chief sells £3mn of shares

      Soames prepares for retirement after nine years at the top

    • Wednesday, 5 October, 2022
      Rail
      Serco’s Caledonian Sleeper contract to be axed next year

      Loss of overnight London to Scotland rail service raises prospect of renationalisation

      A Caledonian Sleeper train at Edinburgh Waverley station.
    • Monday, 12 September, 2022
      Lex
      Serco/Soames: defensive qualities of stabilised Serco have a downside Premium?content

      Governments are critters even tougher than outsourcers, who tend to come off badly in any dispute

      Serco chief executive Rupert Soames
    • Monday, 12 September, 2022
      Rupert Soames to retire as Serco chief

      Mark Irwin to take over as head of London-listed outsourcing company

      Rupert Soames
    • Thursday, 26 May, 2022
      Immigration work helps Serco overcome end of UK Covid contracts

      Shares jump as revenues and profits upgraded above previous forecasts

      Serco staff working on behalf of NHS Test and Trace operate a coronavirus testing centre on July 30, 2020 in Stone
    • Thursday, 24 February, 2022
      Serco profits buoyed by government Covid contracts

      Outsourcer increases dividend by 15% and launches £90mn share buyback

      Serco staff working at a coronavirus testing centre in Stone, England
    • Monday, 15 November, 2021
      Covid contracts push Serco to upgrade full-year profit outlook

      Work housing asylum seekers also boosts revenues

      A Covid testing centre
    • Wednesday, 30 June, 2021
      Serco predicts first-half profits to climb 50%

      Outsourcer expects sales to rise by a fifth as it wins £322m contract to keep Covid testing centres running

    • Monday, 14 June, 2021
      Lex
      Serco: UK test and trace scheme boosts outsourcer Premium?content

      Public criticism has weighed on share price but not prevented group from lifting profits

      A Serco worker advises a driver at a Covid-19 testing facility
    • Monday, 14 June, 2021
      City Bulletin
      Serco raises 2021 profit forecast Premium?content

      Plus, BNP Paribas faces mis-selling allegations and Mohamed El-Erian on the Fed’s inflation puzzle

    • Monday, 14 June, 2021
      Serco upgrades profit guidance as test-and-trace demand persists

      Outsourcer’s divisions in line or ahead of budget in first five months of the year

      Serco staff working on behalf of NHS Test and Trace at a UK coronavirus testing centre
    Previous page1Next page

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