The chief executive, and his counterpart at G4S, are due to report half-year results after damaging period for both security firms
It’s August and the corporate news is drying up as Britain’s bosses head for their holiday villas, so let’s be thankful that Serco and G4S are around to enliven the week.
Both security outsourcers will report half-year results and update the market on efforts to recover from scandals that forced out their previous managements. The biggest blow to their reputations was the government’s discovery in 2013 that they had falsely charged taxpayers for electronically tagging prisoners who in some cases were back in prison or had died.
Source: The Guardian Circular Economy RSS