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The Latest Breaking News from Capita

300 jobs at risk as London-based firm moves Scottish Power contract to South Africa

MORE than 300 people are at risk of being made redundant after an outsourcing firm that handles customer support for Scottish Power unveiled plans…

The National (Scotland)

Capita using cost savings to invest in AI push

The group said it had so far stripped out £185 million of costs as part of its plans to save £250 million a year by the end of 2025.

Evening Standard

BA and Pizza Express among companies that failed to pay minimum wage

More than 60,000 workers have received back pay worth £7.4m from 518 employers after HMRC investigations

The Guardian - UK

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The 44 Scottish firms named and shamed for failing to pay minimum wage

Pizza Express, Lidl, British Airways, and outsourcing firm Capita are among the British businesses named by the Government for failing to pay some…

The National (Scotland)

Capita, Pizza Express and Lidl named by Government for minimum wage failures

The Department for Business and Trade (DBT) released a list of 518 employers and businesses that underpaid workers over several years.

Evening Standard

Pizza Express, Lidl and Halfords named by Government for minimum wage failures

The government has released a list of over 500 employers that underpaid workers

The Independent UK

Teachers launch legal action over pension delays stalling divorces

Union says hold-ups in issuing pension transfer values causing ‘intolerable strain’

The Guardian - UK

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Teachers’ Pensions used to check if I was alive. Now it seems to assume I’m dead

I have to answer their letters to confirm my continued existence. This time the letter didn’t arrive – and my pension has stopped

The Guardian - UK

FTSE 100 lags behind Europe after Germany outlines ‘seismic’ spending surge

European markets rose sharply after Germany announced a historic change to its fiscal rules to spend heavily on defence and infrastructure.

Evening Standard

Capita ‘moving at pace’ with cost cutting amid overhaul

The group’s action to slash costs helped it offset an 8% drop in revenues to return to an annual profit.

Evening Standard

Teachers’ Pensions won’t pay me my pension – until I confirm I’m not dead

The money has been withheld for two months and I’m struggling financially

The Guardian - UK

FTSE 100 falls again as wage growth ‘throws cold water’ on rate cut hopes

Data showed wage growth jumping higher on Tuesday, reinforcing expectations that the Bank will hold interest rates later this week.

Evening Standard

Capita raises cost-saving target as it turns to AI to drive change

Shares in the firm were down by a tenth on Tuesday after it hiked its savings target to £250 million from a previous £160 million.

Evening Standard

Capita eyes £250m savings from AI and staff leavers

The outsourcing firm raised its savings target from £160 million to up to £250 million on Tuesday.

Evening Standard

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Evening Standard

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.

The Guardian - UK

I can’t get divorced … because of my pension provider

There’s been a delay in getting the valuation from Teachers’ Pensions that I need for our court proceedings. Now my husband thinks I’m prevaricating

The Guardian - UK

‘I despair as debts mount’: teachers’ pension delays put lives on hold

Logjam in pension pot valuations is ‘causing huge distress’ and costing money for divorcing couples

The Independent UK

DWP is changing PIP assessments from September – what you need to know

New providers will oversee the transition to a streamlined assessment process from next month

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The National (Scotland)

The Usual Suspects: Meet Labour's best pals in the great PFI wheeze

THROUGHOUT the PFI saga the same faces and names kept coming up.

The Guardian - UK

Ulez scrappage scheme snarl-ups leave motorists facing crunch

Processing delays and baffling rejections are causing real hardship for car owners trying to be Ulez-compliant

The Guardian - UK

Private equity groups collecting millions to run UK government-funded sexual assault referral centres

Exclusive: Charities concerned at profits being made from government contracts to help victims

Evening Standard

New Capita boss promises ‘rapid reduction’ in costs after £107m loss

Capita is one of the Government’s favourite outsourcers with billions of pounds worth of contracts

Evening Standard

FTSE 100 Live 6 March: Capita losses, Esken to be wound down, markets seen steady ahead of Jeremy Hunt budget

The FTSE 100 is set for modest gains when markets open today, as traders await Jeremy Hunt’s Spring Budget.

The Guardian - UK

I pay staff in my small bookshop more than the living wage, so why can’t big businesses?

Letter: Marie Moser, the owner of a bookshop in Edinburgh, responds to the withdrawal of Capita and BrewDog from the real living wage scheme

The Guardian - UK

MoD firefighters’ pensions delayed after Capita Group blunders

Trade union Unite tells of concerns about 2025 contract to administer civil service pension scheme

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