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City

Serco ups profit outlook as it offsets hit from Covid-19 test and trace ending

Outsourcing giant Serco has hiked its full-year profits outlook as stronger-than-expected trading is helping it offset the hit from the end of the Government’s Covid-19 test and trace programme. The firm said it now expects underlying trading profit ...

26 May 2022 at 09:09

City

Boss who led Serco through decade-long turnaround to step down

The grandson of Sir Winston Churchill, Rupert Soames, is to step down from his role leading Serco, a company that holds millions of pounds worth of contracts with the Government. The chief executive said “it is now time to outsource myself” after ...

12 Sept 2022 at 09:21

City

CBI appoints former Serco boss Rupert Soames as new president

The grandson of Sir Winston Churchill will become the next president of the Confederation of British Industry (CBI) after a turbulent year for the business group which has the ear of the country’s top political leaders. Rupert Soames, a ...

05 Dec 2023 at 13:00

CBI boss says Labour has ‘bruised’ trust of businesses after Budget

The Chancellor has “bruised” business confidence by expecting companies to help fill the hole in public finances, the chairman of the Confederation of British Industry (CBI) has said. Rupert Soames said business leaders are less likely ...

14 Jan 2025 at 09:21

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