News

Shares fell as much as 14% in early trading after company warned on 2014 profit outlook

Jim Armitage: George Osborne's vow to raise £3.4bn from tax dodgers was cuckoo

Outlook If there's one thing you'll get accountants to agree with, it's that government pledges to recoup billions from tax avoiders are always massively overstated.

A Serco van used to transport defenders. Serco has also come under fire for overcharging taxpayers

Exclusive: No privatised lie detector tests for sex offenders following outsourcing scandals involving G4S and Serco

Decision to scrap outsourcing of controversial polygraph tests is latest blow to Government's privatisation plans following scandals involving G4S and Serco

What the Sunday papers said

Independent on Sunday: IT firms lose billions after NSA scandal

American technology firms have lost billions of dollars of business from Asia in the wake of the National Security Agency scandal. Financial filings from IBM and Cisco reveal the two have seen sales slump by more than $1.7bn (£1.03bn) year-on-year in the key Asia-Pacific region as governments and businesses shun American IT firms.

Rolls-Royce is investigated by the SFO over alleged bribery abroad

Analysts think the company could be in line for a multimillion-pound penalty

G4S was damaged by its inept handling of security for the 2012 London Olympics

G4S set to face new Serious Fraud Office investigation

G4S is facing fresh controversy after the Government announced it plans to refer the private security giant to the Serious Fraud Office for a second time.

Serco to pay back £69m over fraudulent tagging contracts

More than two-thirds of Government contracts held by the controversial outsourcing giants Serco and G4S are open to fraud and error, ministers have admitted.

Victor Dahdaleh corruption case: Billionaire's fraud trial collapses after key SFO witnesses refuse to give evidence

A major anti-corruption trial involving a billionaire Labour donor who is a friend of Tony Blair collapsed yesterday following an embarrassing error by the Serious Fraud Office.

Ex-director of ENRC claims 'leak' meeting with reporter was a bluff

The City grandee Sir Paul Judge has claimed that he was tricked by a supposed journalist in a sting operation orchestrated by the controversial mining company ENRC, with which he is locked in a bitter battle.

Capita chief executive Paul Pindar to return to private equity

Paul Pindar will appear before MPs investigating government outsourcing on Wednesday

James Moore: G4S needs radical surgery to survive

Outlook The reason that G4S made such a pig's ear of the London Olympics is that it failed to hire enough staff to do the job.

HMP Oakwood : Britain’s biggest jail - run by G4S - is ‘too violent’

Britain’s biggest prison has been criticised by inspectors in another blow to its private operator G4S. HMP Oakwood in Wolverhampton, which can hold 1,600 inmates, had inexperienced staff and high levels of violence and self-harm, HM Inspectorate of Prisons said following a surprise visit.

The News Matrix: Wednesday 2 October 2013

Attacks cost £154m in lost tourism

JJB ex-chief’s court plea fails

Chris Ronnie, the former boss of the collapsed sports chain JJB, has failed to have his court case for an alleged £1m fraud thrown out.

The News Matrix: Friday 27 September 2013

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The super-rich now live in their own Elysium - they breathe better air, and eat better food, when they're not making beans on toast for their kids

The super-rich now live in their own Elysium

They breathe better air, eat better food, take better medicine
A generation of dropouts failed by colleges

Dropout generation failed by colleges

£800m a year wasted on students who quit courses before they graduate
Entering civilian life 'can be like going into the jungle' for returning soldiers

Homeless Veterans appeal

Entering civilian life can be like going into the jungle
Sam Taylor-Johnson: Woman on top

Sam Taylor-Johnson: Woman on top

Fifty Shades of Grey director on bringing the hit to the screen
Shazam! Story of the $1bn 'what's that song?' app

Shazam: Story of the $1bn 'what's that song?' app

As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch