HEALTH

Mitie blames profits plunge on council spending cuts

The outsourcing group Mitie has blamed council spending cuts in home care and social housing for a drop in profits.

By Jamie Hailstone | 08 April 2015

The outsourcing group Mitie has blamed council spending cuts in home care and social housing for a drop in profits.

Mitie issued a pre-close trading update last week in anticipation of its preliminary results, which will be published next month.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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