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Capita .... oh!
Shares in government contractor Capita plunged 40% after it issued a shock profits warning and suspended its dividend payments just weeks after the collapse of construction firm Carillion.
In the latest blow to the outsourcing sector, Capita’s new boss unveiled a radical overhaul of the group’s finances, giving a damning assessment of a company that he said had become “too complex” and lacking in discipline.
From 2010
Mr Pindar, 51, told workers he was only paid a weekly wage of £14,500.
Mr Pindar, who drives an Aston Martin, spent 20 minutes explaining to work that he was paid £768,750 in 2009 and brought a copy of the firm’s audited accounts to prove it.
With that thread title I thought we were embarking on a long overdue Rightsnet tribute to Mark E Smith. I was going to ask Shawn to correct it to “...ah!”
Leave the Capita
Exit this Roman shell
Meanwhile ..
Details have emerged of collapsed construction giant Carillion’s contracts with the Ministry of Justice, including a ‘minor’ contract worth £15,000 a month to provide a citizen helpline service to the Legal Aid Agency.
Leave the Capita
Exit this Roman shell
Exactly what has been in my head today :)
If nothing else the death of MES has enabled me to get the 12 year old singing “I’m totally wired”. Probably won’t go down well in school but then that’s a good thing, ah.
I’ve a friend who has only ever emailed me when he can include lyrics from Fall songs.
PIP Priest…..?