NAO: £4bn of gov work doled out to just 4 outsourcing giants
In spite of the Cabinet Office's tough talk about binning hefty suppliers whose performance is crappy, four outsourcing giants caught up in contractual issues have amassed £4bn of government business.
The fabulous four include Capita, Serco, G4S and Atos, which collectively banked £1.05bn in profits globally. The four firms made revenues of £4bn taken from the UK taxpayers' purse, but only two of them paid corporate tax, forking out just £81m to HMRC last calendar year, said the National Audit Office.
The fabulous four include Capita, Serco, G4S and Atos, which collectively banked £1.05bn in profits globally. The four firms made revenues of £4bn taken from the UK taxpayers' purse, but only two of them paid corporate tax, forking out just £81m to HMRC last calendar year, said the National Audit Office.
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