HEALTH

Serco publishes profit losses

The boss of Serco has admitted 2014 was an ‘extremely difficult year’ after profits at the outsourcing group collapsed.

By Jamie Hailstone | 17 March 2015

The boss of Serco has admitted 2014 was an ‘extremely difficult year' after profits at the outsourcing group collapsed.

The price of shares in Serco tumbled on the stock exchange after the company announced a trading loss of more than £630m last year, as part of its annual results for 2014 on 12 March.

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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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