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The Guardian - UK
The Guardian - UK
National
Lauren Almeida

Bibby Stockholm asylum barge contractor admits overcharging UK government £118m

Tugboat tow barge on water
Tugboats tow away the Bibby Stockholm from Portland, England, on 30 January 2025. It had been run by CTM to house asylum seekers. Photograph: Finnbarr Webster/Getty Images

The Australian company that ran the Bibby Stockholm asylum barge has admitted it overcharged the British government by £118m.

Corporate Travel Management (CTM) said its auditor had found evidence of “erroneous billing” of its UK clients, increasing its estimate of how much it owes the government by £40m.

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