The Guardian congestion charge


Extracts from an article by Nick Fletcher, Columnist at The Guardian.

"Just two weeks after the collapse of Carillion, outsourcer Capita has shocked the market with a hefty profit warning, a £700m cash call on shareholders and the axing of its dividend.

The kitchen sink move by new chief executive Jonathan Lewis saw Capita’s shares collapse by 47.5%, wiping around £1.1bn off the company’s stock market value. Capita dominates the UK outsourcing market, and since January 2015 it has won contracts from 292 distinct public sector buyers." [...]

"Here’s further confirmation of Capita’s grip on the outsourcing market from Tussell:

Tussell tweet

Read the full article on The Guardian website.

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