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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Serco’s annual profits surge 21% to £216m on back on Covid contracts

Hospital workers in London holding banner saying 'stop outsourcing'
Hospital workers in London protesting last month over a pay dispute with the outsourcing firm Serco. Photograph: Thomas Krych/Zuma Press Wire/Rex/Shutterstock

Serco bemoaned “wildly unfair” criticism of its role in the much-criticised NHS Covid-19 test-and-trace scheme, as the outsourcing firm reported increased full-year profits that could fund more than £100m in shareholder rewards.

The company said it had won £700m in Covid-related contracts worldwide in 2021, taking its total pandemic-related income to £1.1bn.

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