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The Latest Breaking News from Serco

FTSE slumps as Bank of England holds interest rates

The FTSE 100 finished 93.79 points, or 1.14%, lower to end the day at 8,105.32.

The Independent UK

Outsourcer Serco hails strong momentum after rise in new orders

Serco said new business will help offset the impact of losing immigration contracts in the UK and Australia.

The Independent UK

New immigration detention subcontractor accused of price-fixing on ADF contracts

Spotless Facility Services and Ventia Australia allegedly colluded while holding service contracts at more than 200 Australian defence force sites

The Guardian - AU

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read the most diverse news in one place.

Outsourcing firms likely to signal lower revenues as NI changes weigh on costs

Capita and Serco are both predicted to point towards dips in sales when they provide trading updates for shareholders next week.

Evening Standard

Labor to pay $2.3bn to controversial US prison operator subsidiary to run onshore detention

Exclusive: Secure Journeys, a local subsidiary of Management & Training Corporation, will begin operating the centres from early 2025

The Guardian - AU

Hundreds of trials derailed by failure to get defendants to court on time

Number of trials in England and Wales declared ‘ineffective’ because of delays has almost trebled under contracts Serco and GeoAmey

The Guardian - UK

French-born man died in ‘unnatural circumstances’ in immigration detention centre, inquest hears

Theophile Kaliviotis, 26, was waiting to be deported when he was found dead by staff on 27 October

The Independent UK

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Death in UK immigration removal centre is the first believed to be linked to the drug spice

Staff at Brook House had warned it was ‘only a matter of time’ before someone died as a result of taking the drug

The Guardian - UK

Asda boss says £100m hit from Labour budget could affect wages and hiring

Shares in UK retailers fall as investors digest Rachel Reeves’s changes to NICs and tax thresholds

The Guardian - UK

FTSE 100 Live 08 November: British Airways owner IAG soars on results beat, retail stocks struggle

IAG shares soared in the FTSE 100 index today after the British Airways owner reported a bumper summer.

Evening Standard

Hackers disabled tracking devices and panic alarms on prison vans

A huge cyberattack took out security subcontractor’s tracking devices

TechRadar

Profits of Home Office asylum housing provider rise to £90m a year

Graham King, boss of contractor Clearsprings, entered Sunday Times rich list with net worth of £750m

The Guardian - UK

Fewer women may go to jail in England and Wales in sentencing review

Review to examine scrapping short sentences and treating more offenders in the community, with prisons filling up again

The Guardian - UK

Farage says Tory brand is ‘bust’ as other Reform UK speeches target immigrants, drag queens, vegans and more – as it happened

Lee Anderson, Richard Tice and Nigel Farage give speeches at Reform party conference

The Guardian - UK

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The Independent UK

Minister admits prisoners released early without electronic tags

Jess Phillips said she was ‘apoplectic’ government contracts for electronic tags had ‘enormous backlog’

The Guardian - UK

‘Hundreds’ of prisoners freed early in England and Wales not fitted with tags

Serco says it is working to fit electronic devices, which were a condition of early release of 1,700 last week

The Guardian - AU

Serco must be punished for ‘oppressive’ treatment of prisoners at Australia’s largest jail, legal experts say

Potential class action against private prison operator raised after 175 inmates at Clarence correctional centre locked in their cells for days after assault by a single prisoner

AAP

Home Affairs refuses apology to detainee over treatment

An immigration detainee held on Christmas Island was subject to unjustified force by security officers, but the Australian government will not apologise.

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AAP

Stacks of prison punishments 'unlawful, unjust'

Tina was awaiting trial when she asked for help with her drug problem. A damning report has found she was instead charged with failing a drug test.

The Guardian - AU

Drugs, alcohol and ‘horrendous’ attacks in detention centres leave ABF reeling

Commissioner Michael Outram appeals for greater powers to manage ‘high level of risk’ and worrying rates of addiction in facilities

The Guardian - AU

Serco fined for covering up use of fire extinguishers against detainees in Christmas Island riots

Exclusive: Ombudsman’s report says devices ‘discharged directly on’ detainees and into areas where people retreated, including those not involved in riots

The Conversation

Asylum housing tycoon is among the UK’s wealthiest – here’s what conditions are like inside the properties his company runs

The Sunday Times rich list is a stark symbol of the growing inequality in the UK. As many people face worsening living conditions, a small few are becoming ever richer. Among them for the first time this year is Graham King, an Essex businessman who has accumulated a £750 million…

The Guardian - UK

Rising protests among UK asylum seekers held for deportation to Rwanda

Lawyers helping detainees say they have been told that dozens have gone on hunger strike in detention centre near Heathrow

The Guardian - UK

Leisure centres scrap biometric systems to keep tabs on staff amid UK data watchdog clampdown

Firms such as Serco and Virgin Active pull facial recognition and fingerprint scan systems used to monitor staff attendance

The Guardian - AU

Secret Serco rating system for immigration detainees must be scrapped, say Greens

Senator Nick McKim says company’s ‘opaque’ SRAT security assessment tool ‘has severe implications for fundamental human rights’

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