All the updated news related to capita

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City

Emergency services software deal under scrutiny by competition watchdog

A major supplier of software to emergency services must provide undertakings that ambulance trusts, police forces and fire and rescue services will not be ripped off following a recent merger, the competition watchdog has said. The Competition and ...

29 Apr 2022 at 09:25

City

Capita boss hails transformation as revenue grows for first time in years

The boss of Capita hailed the transformation of the company as it posted its first rise in revenue in six years. Jon Lewis said the business is paying down its debt, has dealt with its pension deficit, and has regained the trust of clients. He ...

10 Mar 2022 at 09:25

Government lost £98m amid failings with electronic tagging project – report

The Government does not know if electronically tagging criminals is helping to cut reoffending because of failings with the system, Whitehall’s spending watchdog has warned. The failure to carry out a “fundamental transformation” of the ...

08 Jun 2022 at 08:15

MoD contractors drop standards and ‘squeeze’ workers to increase profits

The Ministry of Defence is being urged to review its practice of outsourcing services after MPs complained that contractors drop standards and “squeeze” workers to increase profits. The Defence Committee said outsourcing appeared to be ...

26 May 2022 at 01:01

City

Capita sheds debt and sees revenues grow on new contract wins

Outsourcing giant Capita has seen its revenues lifted by its contract with the Royal Navy, with debts slimmed as it shed an area of the business. The firm reported 2% adjusted group revenue growth in the 11 months to November 30 in ...

13 Dec 2022 at 09:26

City

Capita seals deal to offload human resources businesses in latest division sale

Outsourcing firm Capita has agreed a £21 million deal to sell its human resourcing businesses as it presses ahead with a plan to focus on key divisions and cut its debt. The firm said it will offload Capita Resourcing, HR ...

06 Mar 2023 at 08:09

City

Capita raises threat of further job cuts under plans to save another £100m

Outsourcing giant Capita has raised the spectre of further job cuts as it revealed plans to slash another £100 million in costs after slumping to an annual loss. The group, a major contractor for the Government and local ...

06 Mar 2024 at 09:32

City

Capita chief Jon Lewis to retire from outsourcing firm

Capita has announced boss Jon Lewis will retire from the outsourcing giant next year. The London-listed firm said Mr Lewis, who has led the firm since 2017, will step down as chief executive towards the end of this year,...

31 Jul 2023 at 08:16

City

Capita drops to loss as outsourcer flags up to £25m in cyber attack costs

Capita has slipped to a loss as it said a cyber attack which rocked the firm earlier this year could cost it up to £25 million. The outsourcing giant posted a statutory pre-tax loss of £67.9 million for the six months ...

04 Aug 2023 at 08:17

Home

Communities Department Capita 'assessment' contract decision slammed

The decision by the Department for Communities (DfC) to re-appoint Capita to carry out assessments for Child Disability Living Allowance (DLA) has been slammed by local anti-poverty campaigner, Sinéad Quinn. Capita ...

10 Jul 2023 at 12:33

City

Capita raises cost-saving target as it turns to AI to drive change

Outsourcing firm Capita has unveiled fresh cost-cutting plans worth £250 million as it targets savings from the use of artificial intelligence (AI) and staff leaving voluntarily. Shares in the firm were down by a ...

17 Dec 2024 at 12:55

City

Capita sells software division for £115m

Outsourcing giant Capita has agreed to sell its software resale, licensing and technology services business Trustmarque for £115 million. The deal is the latest in a long line of sales by the company as it slims ...

28 Jan 2022 at 08:55

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