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Evening Standard

Holly Williams

Capita apologises for civil service pension failures as shares hit

Capita Civil Service Cabinet Office Office Nick ThomasSymonds

Outsourcing giant Capita has been fined £14 million by the Information Commissioner’s Office (Alamy/PA) -

Capita has admitted its handling of the civil service pension scheme has “not been good enough” as shares in the firm slumped after a cabinet minister launched a scathing attack on its contract failures.

The outsourcing giant apologised for delays in administering the 1.7 million member pension scheme, which has left thousands of civil servants waiting for payments and retirement quotes.

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