Capita Files – #Capitaweek

1. Capita faces fresh attack over Arch Cru scandal

“Capita has come under further pressure over its role in the Arch Cru scandal after ex-directors of the cell companies that make up the funds alleged it was responsible for flaws in the structure of the investments.”

http://www.citywire.co.uk/new-model-adviser/capita-faces-fresh-attack-over-arch-cru-scandal/a644411?ref=new-model-adviser-latest-news-list

2. Capita’s £1bn Service Birmingham venture falls short

“According to a news report, the review concludes that Service Birmingham, as the JV is called, needs “serious improvement” if it is to meet its targets.”

http://www.channelweb.co.uk/crn-uk/news/2229738/capitas-gbp1bn-service-birmingham-venture-falls-short

 

3. Capita poises axe over 1000 staff – jobs headed to India

http://www.redundancyrescue.com/redundancy-news/capita-poises-axe-over-1000-staff-jobs-headed-to-india-register/

4. Capita to axe 84 more jobs at Belfast office

http://www.belfasttelegraph.co.uk/business/business-news/capita-to-axe-84-more-jobs-at-belfast-office-14704330.html

5. Capita loses its lucrative CRB contract after a decade

http://www.thetimes.co.uk/tto/business/industries/supportservices/article3557977.ece

“Kevin Lapwood, at the brokers Seymour Pierce, said: “There’s a suspicion that Capita has been earning too high a margin on certain central government contracts.”

6. Capita to lose congestion charge

http://news.bbc.co.uk/1/hi/business/7062030.stm

7. Capita blamed in schools’ data loss

http://www.information-age.com/channels/information-management/news/287036/capita-blamed-in-schools-data-loss.thtml

8. Capita IT staff strike over Indian offshoring plans

http://www.computerweekly.com/news/2240161414/Capita-IT-staff-strike-over-Indian-offshoring-plans

9. FSA censures Capita Financial Managers for Arch Cru failings

http://citywire.co.uk/money/fsa-censures-capita-financial-managers-for-arch-cru-failings/a637090

10. Sefton Council to end £65m technical services contract with Capita Symonds http://www.liverpooldailypost.co.uk/liverpool-news/regional-news/2011/11/25/sefton-council-to-end-65m-technical-services-contract-with-capita-symonds-92534-29838970/

11. Government urged to ditch Capita after ILA failure http://www.timeshighereducation.co.uk/story.asp?storyCode=170259&sectioncode=26

12. “30 Capita staff in Darwen face axe”

http://www.thisislancashire.co.uk/news/8619868.30_Capita_staff_in_Darwen_face_axe/

 13. Capita and administrator renew Arch Cru blame game

“Former Arch Cru administrator Bordeaux Services has filed its defence against allegations that it breached its fiduciary duty in relation to the failed Arch Cru funds, blaming the losses suffered by investors on the “unforseeable actions” of the funds’ authorised corporate director Capita.”

 

http://www.ftadviser.com/2012/12/13/investments/alternative-investments/capita-and-administrator-renew-arch-cru-blame-game-2vKeR5kGr6eppkBs5Kwj3N/article.html

 

14. Top-of-the-range perks enjoyed by Birmingham City Council officers

http://www.birminghampost.net/news/west-midlands-news/2011/08/18/top-of-the-range-perks-enjoyed-by-birmingham-city-council-officers-65233-29260858/?plckFindCommentKey=CommentKey:0520741c-b02d-44da-b229-925b94799b09#

 

15. Service Birmingham heads off dispute with city council over bill for new server equipment

http://www.birminghampost.net/news/2012/08/03/service-birmingham-heads-off-dispute-with-city-council-over-bill-for-new-server-equipment-65233-31545198/#ixzz2EwG98XTb

 

16. Probe launched into how Birmingham library contract was won by Capita

http://www.birminghampost.net/news/west-midlands-news/2011/08/25/probe-launched-into-how-birmingham-library-contract-was-won-by-capita-65233-29296221/

 

17. More trials being disrupted over interpreter failings

http://www.guardian.co.uk/law/2012/dec/14/trials-disrupted-interpreter-failings?INTCMP=SRCH