Atos and Nest end £1.5bn contract eight years early

Two years into decade-long deal

clock • 2 min read
Atos and Nest end £1.5bn contract
Image:

Atos and Nest end £1.5bn contract

The UK's National Employment Savings Trust (Nest) has reportedly terminated its £1.5 billion contract with French IT services firm Atos after just two years.

The Register reports that both sides have agreed to the early termination. The UK government established Nest in 2010 to ensure every UK firm could provide a workplace pension to its workers. Wi...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
NHS England challenged over redacted Palantir contract

Privacy

NHS must respond this month

clock 20 February 2024 • 3 min read
Cabinet Office terminates £9m Microsoft deal

Government

But does not derail overall migration plans

clock 16 February 2024 • 2 min read
NHS England halts £300m digital framework after legal claim

Health

Necessary approvals process and contract award have been postponed

clock 15 February 2024 • 2 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Corporate

Google, Anthropic announce measures to combat election disinformation

Google, Anthropic announce measures to combat election disinformation

Anthropic's AI will steer people towards reputable sources while Google will launch a 'prebunking' campaign

clock 19 February 2024 • 3 min read
Microsoft pledges €3.2 billion for German AI

Microsoft pledges €3.2 billion for German AI

Aims to double AI and data centre infrastructure

Vikki Davies
clock 16 February 2024 • 2 min read
Cisco cuts more than 4,000 jobs

Cisco cuts more than 4,000 jobs

The tech giant, whose customers are still digesting orders received following the clearing of the massive backlog, saw weak product revenues in Q2 2024. Cisco also confirmed that it would be cutting jobs globally to adjust expenses focus on key growth...

Gina Narcisi
clock 15 February 2024 • 3 min read