People & Jobs - Outsourcing |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| | 03 Feb 2012 | £2bn new contracts - positive trading update | Defence services group Babcock International recorded strong trading in the third quarter of the 2011/12 financial year. It is benefiting from a trend for military and engineering clients to outsource work in order to reduce costs and has won preferred bidder status on £2bn of contracts since November 2011. | Babcock International Group PLC | £2,756m | £158m | 27,588 | 1 |
| | 03 Feb 2012 | Micropayments partnership with ITV - potential new jobs | MGt, a provider of customer management outsourced services, has been selected as ITV Plc's payments partner. The broadcaster is preparing to start charging viewers for online content. ITV will run a public trial of MGt's Pay Wizard technology in 2012. The contract has the potential to create jobs. | Mgt Plc | £16m | £-1.1m | 786 | 3 |
| | 03 Feb 2012 | Achieving sustainable profit growth - substantial contract gains - capital investment | Mitie Group Plc expects to maintain profit growth after securing a number of substantial contracts, including a £28m facilities management agreement with Friends Life. The company is optimistic over future growth opportunities and will continue with its strategy to invest in integrated facilities and energy management capabilities. | MITIE Group Plc | £1,891m | £90m | 8,000 | 91 |
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