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Serco Group plc

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Serco sees profits up as coalition makes savings

24.08.11
Serco, the Boris bike-running, Docklands Light Railway-operating company that runs swathes of the capital without most Londoners ever having heard of it, is doing well out of the UK's economic turmoil... more

Boris bike firm told to improve after 15,000 charging errors

22.06.11
The firm that runs the Boris Bike scheme has been read the riot act by the Mayor over its 'unfortunate' performance after it emerged that nearly 15,000 customers have been incorrectly charged... more

Mum who's a Mitie figure in world of outsourcing

01.06.11
It's said of Serco that it's the biggest company you've never heard of. For reasons that escape me, the outsourcer takes great exception to this description, thinking it's somehow demeaning, that they've got their own brand uniqueness and so on ... more

Serco makes £385m buy in India... while Capita snaps up Surrey healthcare firm

31.05.11
Serco, organiser of the Boris Bike scheme, spends up to £385 million buying one of India's biggest outsourcers from Blackstone, the US private-equity giant... more

Boris bike users wrongly charged £3,000 in a week

24.05.11
Hundreds of Boris bike customers were wrongly charged after a computer failure occurred in one of their payment systems... more

Upbeat retailers leave shorters feeling singed

04.05.11
The smell of singed fingers accompanied by screams of f***! echoed around trading floors today. It was the shorters, getting painfully burnt on retail... more

Boris bike cuts 'will spark pinstripe riot'

19.04.11
The most popular Boris bike docking station will no longer be fed with extra cycles during rush-hour because they make the storage hub 'untidy'... more

Serco boss dismisses 'outsourcing boom'

02.03.11
The boss of Serco, one of the country's biggest contractors, dismisses talk of an outsourcing boom in Britain, saying the country had been "a tough place" to do business and would remain so this year... more

Serco quits £1.25bn bid talks after offer is rebuffed

24.01.11
Serco has pulled out of a £1.25 billion bid for American defence consulting firm SRA International... more

Energy consultant RPS soars on boost from takeover chatter

02.11.10
Market Round-up: Wild bid whispers and a broker thumbs-up send shares in RPS Group surging 5%... more

City Spy: Advertising industry sends message to Francis Maude

02.11.10
Here's a loud message from the ad industry to the Tories: the single biggest client winner at last night’s Institute of Practitioners in Advertising Effectiveness Awards was the Central Office of Information... more

Serco forced to backtrack on attempt to squeeze suppliers

01.11.10
Outsourcing giant Serco is forced into an embarrassing climbdown as it publicly apologises for trying to pass on cost cuts to suppliers... more

City Spy: Unions half-right on FTSE fat cat pay

29.10.10
Hooray. It’s like the credit crunch and recession never happened as Income Data Services reports that FTSE-100 directors enjoyed an annual 55% pay rise. The average FTSE boss took home £4.9 million... more

King’s College Hospital Trust signs with Serco

21.09.10
Serco brings a second major London hospital trust into its pathology joint venture with Guy’s & St Thomas’ ... more

Market report: Outsourcers sparkling as contracts materialise at last

14.09.10
The outsourcing firms waiting to swoop on the wizened remains of the UK's public-spending projects at last waved around evidence that their highly anticipated plethora of contracts was close today, sending the boys and girls of the City rushing to grab a slice of the lucre.... more

Shares portfolio: Serco gains strength through diversity

26.08.10
Serco's interim results carch the attention of the markets as it reaps the rewards of greater government outsourcing... more

Serco cashes in on the cuts with profit leap to £101 million

25.08.10
Outsourcing giant becomes the first firm to provide hard evidence of its massive success cashing in from the tightening public purse ... more

Shares portfolio: Ups and downs of austerity Britain

23.08.10
Analysts back Serco to play a major role in austerity Britain with the Government looking to outsource, making its shares a buy... more

More delays to the Boris bikes as ‘teething troubles’ go on

13.08.10
The roll-out of Boris Johnson’s £140million bike hire scheme is to be further delayed for tourists and casual users after a catalogue of teething troubles... more

Cycle hire firm is warned: No more delays

22.07.10
The private firm implementing Boris Johnson’s cycle hire scheme was today warned that further delays in the £140 million project would be unacceptable... more

Autonomy crashes 12% as numbers disappoint punters

22.07.10
Market Round-up: Autonomy plunges 12% to a four-month low as investors react with disappointment to the software specialist’s earnings figures... more

Serco in £415m deal for new jail at Belmarsh

05.07.10
Outsourcing giant Serco signs a deal to run a new London jail — despite concerns that public spending cuts could mean less work for support services firms... more

Outsourcers clear winners from Budget’s spending cuts

23.06.10
Market Round-up: Outsourcing firms will be the big winners from the Government slashing public spending according to JPMorgan Cazenove... more

British firm was rejected for Boris Johnson's bike hire scheme

11.06.10
Pashley, Britain's oldest cycle manufacturer, was knocked back after bidding to provide bikes for the Mayor’s hire scheme... more

DLR fined £450,000 for failing to stop train that killed man

13.05.10
Docklands Light Railway operator Serco is fined £450,000 after it failed to stop a train which hit and killed a man who had fallen off a platform... more

Serco poised for global outsourcing boom

11.05.10
Serco says it remains on track to meet its full-year forecasts, boosted by $1 billion in contract renewals and wins... more

Serco ready for London Cycle Hire Scheme after profits jump

26.02.10
The boss of Serco, which is running the London Cycle Hire Scheme, says people are showing more interest than had been expected... more

US firm joins race to clear up Sellafield

07.07.08
The £1 billion-a-year contract to clean up the nuclear power plant in Cumbria could go abroad ... more

Mob chants 'murderer' as jail van runs over woman

23.04.08
A woman has died after being run over by a prison van and dragged 20 yards along the road following a confrontation in the street... more


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