Outsourcer Serco pinched by hard-headed public-sector deal-making and loss-making private-sector contracts
Serco blames botched move into private sector outsourcing combined with tougher deal-making by the public sector for big losses
When Serco this week announced a profits warning and even went as far as to suggest that it would suspend its dividend to preserve its cash, its shares nose-dived by 30 per cent - and this followed a year...
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