The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on February 01, 2018, 01:41:27 AM

Title: UK: Capita following Carrilion
Post by: rcjordan on February 01, 2018, 01:41:27 AM

WTF!?!  How are these contract providers failing?  Here in the US, these types of services grow fat on the government tit.

Quote

Capita is the biggest supplier of local government services in the country.

http://www.telegraph.co.uk/business/2018/01/31/outsourcer-capita-launch-700m-rights-issue-scrap-dividend-grapples/

Title: Re: UK: Capita following Carrilion
Post by: Chunkford on February 01, 2018, 09:53:47 AM

They own the fire college near me
https://en.m.wikipedia.org/wiki/Fire_Service_College and recently been butchering it by selling off masses of land to developers, now I know why.

Title: Re: UK: Capita following Carrilion
Post by: rcjordan on February 07, 2018, 04:25:55 PM

Related?

Theresa May refuses to exclude NHS contracts from US trade deals

https://www.theguardian.com/politics/2018/feb/07/theresa-may-refuses-to-rule-out-nhs-contracts-from-us-trade-deals

Title: Re: UK: Capita following Carrilion
Post by: rcjordan on April 14, 2018, 07:37:17 PM

That's going to sting a bit.

£7bn in Carillion liabilities revealed

https://www.telegraph.co.uk/business/2018/04/14/7bn-carillion-debts-revealed/

_{A billion here, a billion there...}