BUSINESS

Serco profits fall despite increase in order intake

Outsourcing company Serco has reported a £15m decline in underlying profit for the first half of this year compared to 2016.

Outsourcing company Serco has reported a £15m decline in underlying profit for the first half of this year compared to 2016.

The company recorded £50.6m in the first half of 2016, compared with just £35.3 this year.

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