“Should we be worried about Barnet Councils contracts with Capita?”
A number of our members have privately raised concerned about the an increase of worrying reports about Capita, who appear to be experiencing some difficulties.
Barnet Council chose to outsource a large number of Council In House services to Capita in 2012 and 2013.
Last week Capita began two restructures which are likely to lead to redundancies for many ex Barnet TUPED staff.
A simple Google search has revealed some worrying news about the health of the global giant Capita.
Capita drops as first half underlying revenue declines although profits rise, restructuring on track.
EXTRA: Capita Shares Fall As Underperforming Divisions Weigh On Profit
Outsourcing firm Capita’s shares slump 10% amid falling profits and pensions dispute strike
How’s that ‘turnaround’ year going, Capita? …Sheesh, sorry I asked
https://www.theregister.co.uk/2017/09/21/capita_h1_results/
Capita stripped of key contract running MoD military estate early
https://www.ft.com/content/3eb508ec-9eb2-11e7-8cd4-932067fbf946
FTSE’s biggest loser: Capita staff vote to strike over pensions as the FTSE 250 firm is stripped of a Ministry of Defence contract
http://www.cityam.com/272475/ftses-biggest-loser-capita-staff-vote-strike-over-pensions
FCA fine looms for Capita over failed Connaught fund
https://www.ftadviser.com/Articles/2017/09/22/FTA-capita
Capita staff in Birmingham to strike for six days in pensions row
http://www.birminghampost.co.uk/business/business-news/capita-staff-birmingham-strike-six-13659665
What do you think?
o
